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    Property profile & analytics

    458 Rte 48 Oreana, IL 62554

    • Showrooms
    • 3.08 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US28-3909437
    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

    • Showrooms

    Property Details for 458 Rte 48

    Lot size
    3.08 lot acres
    Zone code
    MUNICIPAL
    Property type
    Showrooms
    APN
    18-08-09-428-002
    APU
    180809428002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oreana
    County
    Macon
    State
    Illinois
    Longitude
    -88.8613
    Latitude
    39.9428
    CBSA code
    19500
    CBSA name
    DECATUR, IL METROPOLITAN STATISTICAL AREA

    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
    $5,825
    $20,829
    $52,885
    $73,714
    -
    $62,493
    $158,671
    $221,164

    Comparable in this City

    • Value Estimation
      $310,000
      0.63 Acres

      110 Belle St

      SHOW ROOM, WAREHOUSE • 0.63 Acres
      110 Belle St, Oreana, IL 62554-9780
      View Details
    • Value Estimation
      $240,000
      4.00 Acres

      8035 Argenta Rd

      SHOW ROOM, WAREHOUSE • 4.00 Acres
      8035 Argenta Rd, Oreana, IL 62554
      View Details
    • Value Estimation by Request
      0.25 Acres

      Bower St

      SHOW ROOM, WAREHOUSE • 0.25 Acres
      Bower St, Oreana, IL 62554
      View Details
    • Value Estimation by Request
      0.10 Acres

      202 Ws St

      SHOW ROOM, WAREHOUSE • 0.10 Acres
      202 Ws St, Oreana, IL 62554-7904
      View Details
    • Value Estimation
      $230,000
      3.00 Acres

      201 Rte 48

      SHOW ROOM, WAREHOUSE • 3.00 Acres
      201 Rte 48, Oreana, IL 62554-9791
      View Details
    • Value Estimation
      $255,000
      1,189 SF

      261-263 Rte 48

      COMMERCIAL (GENERAL) • 1,189 SF
      261-263 Rte 48, Oreana, IL 62554
      View Details
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    458 Rte 48
    Oreana, IL 62554
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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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