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    Property profile & analytics

    44 Main St Hoyleton, IL 62803-2000

    • Commercial real estate
    • 1.23 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Mar 25, 2025
    $82,500
    Location Intelligence
    Property ID
    US28-4816528
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 44 Main St

    Lot size
    1.23 lot acres
    Property type
    Commercial real estate
    APN
    06-08-13-157-019
    APU
    60813157019

    Description

    This exceptional commercial property, situated at 44 N Main Street in the thriving village of Hoyleton, Illinois, presents a unique investment opportunity. The property encompasses approximately 1.23 acres of land, strategically located within the village's business district. The main building, a former feed and supply house, boasts a substantial storefront area perfect for retail or office use. The rear and side of the building feature dedicated spaces previously used for grain systems, feed center control, and ample storage. Adding to the property's versatility is a separate 35' x 65' storage warehouse situated behind the main structure, along with several silos. The property's history includes the use of the upper level of the main building as an apartment, suggesting potential for residential conversion or expansion. The property's size and location offer significant potential for a variety of commercial ventures, making it an attractive proposition for entrepreneurs and investors alike. The substantial acreage provides ample space for expansion, parking, or outdoor operations. This property is being offered at $149,000 and represents a rare chance to acquire a well-positioned commercial property in a desirable location. The existing structures offer a solid foundation for immediate use or redevelopment, catering to a wide range of business needs.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoyleton
    County
    Washington
    State
    Illinois
    Longitude
    -89.2744
    Latitude
    38.4426

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,705
    $6,821
    $14,700
    $21,521
    -
    $20,463
    $44,100
    $64,563

    Comparable in this City

    • Value Estimation by Request
      0.21 Acres

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      0.47 Acres

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      COMMERCIAL (GENERAL) • 0.47 Acres
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    • Value Estimation
      $215,000
      0.22 Acres

      100 Park St

      COMMERCIAL (GENERAL) • 0.22 Acres
      100 Park St, Hoyleton, IL 62803
      View Details
    • Value Estimation by Request
      0.27 Acres

      Hoyleton, IL 62803

      COMMERCIAL (GENERAL) • 0.27 Acres
      Hoyleton, IL 62803
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    • Value Estimation by Request
      0.30 Acres

      22746 Walnut Hl Rd

      COMMERCIAL (GENERAL) • 0.30 Acres
      22746 Walnut Hl Rd, Hoyleton, IL 62803
      View Details
    • Value Estimation
      $190,000
      1.90 Acres

      425 Main St

      COMMERCIAL (GENERAL) • 1.90 Acres
      425 Main St, Hoyleton, IL 62803
      View Details
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    44 Main St
    Hoyleton, IL 62803-2000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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