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    Property profile & analytics

    497 Us Hwy 36 Lovington, IL 61937-7051

    • Bars
    • 1,775 SF
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US28-3898248
    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

    • Bars

    Property Details for 497 Us Hwy 36

    Year built
    1958
    Lot size
    1.00 lot acres
    Property size
    1,775 SF
    Property type
    Bars
    APN
    01-01-02-000-202
    APU
    10102000202

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lovington
    County
    Moultrie
    State
    Illinois
    Longitude
    -88.7206
    Latitude
    39.7919

    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
    $2,887
    $5,370
    $40,547
    $45,917
    -
    $16,110
    $121,641
    $137,751

    Comparable in this City

    • Value Estimation by Request
      2,640 SF

      Lovington, IL 61937

      NIGHTCLUB (COCKTAIL LOUNGE) • 2,640 SF
      Lovington, IL 61937
      View Details
    • Value Estimation by Request
      4,000 SF

      120 State St

      NIGHTCLUB (COCKTAIL LOUNGE) • 4,000 SF
      120 State St, Lovington, IL 61937-1010
      View Details
    • Value Estimation by Request
      1,531 SF

      102 State St

      RESTAURANT • 1,531 SF
      102 State St, Lovington, IL 61937-1047
      View Details
    • Value Estimation by Request
      2,436 SF

      104 State St

      RESTAURANT • 2,436 SF
      104 State St, Lovington, IL 61937
      View Details
    • Value Estimation by Request
      1,008 SF

      108 State St

      RETAIL STORES (PERSONAL SERVICES) • 1,008 SF
      108 State St, Lovington, IL 61937-1047
      View Details
    • Value Estimation by Request
      1,491 SF

      106 State St

      RETAIL STORES (PERSONAL SERVICES) • 1,491 SF
      106 State St, Lovington, IL 61937
      View Details
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    497 Us Hwy 36
    Lovington, IL 61937-7051
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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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