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    Property profile & analytics

    502 Madison St Pittsfield, IL 62363-1127

    • Office Properties & Spaces
    • 8,628 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimation
    $100,000
    Last Sale
    Jul 26, 2021
    $1,000
    Location Intelligence
    Property ID
    US28-4457246
    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

    • Jbs United / Grain Elevator / Agricultural Service
    • PITTSFIELD SCALE / Weigh Station

    Property Details for 502 Madison St

    Year built
    1900
    Lot size
    0.94 lot acres
    Property size
    8,628 SF
    Property type
    Office Properties & Spaces
    APN
    5408812
    APU
    5408812

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pittsfield
    County
    Pike
    State
    Illinois
    Longitude
    -90.8056
    Latitude
    39.6117

    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
    $3,127
    $12,220
    $35,610
    $47,830
    -
    $36,697
    $106,937
    $143,634

    Comparable in this City

    • Value Estimation
      $355,000
      3,360 SF

      965 Washington St

      OFFICE (GENERAL) • 3,360 SF
      965 Washington St, Pittsfield, IL 62363-1355
      View Details
    • Value Estimation
      $115,000
      1,600 SF

      1503 Jackson St

      OFFICE (GENERAL) • 1,600 SF
      1503 Jackson St, Pittsfield, IL 62363-1288
      View Details
    • Value Estimation
      $365,000
      1,553 SF

      202 Jefferson St

      OFFICE (GENERAL) • 1,553 SF
      202 Jefferson St, Pittsfield, IL 62363-1404
      View Details
    • Value Estimation
      $235,000
      2,349 SF

      130 Madison St

      OFFICE (GENERAL) • 2,349 SF
      130 Madison St, Pittsfield, IL 62363-1984
      View Details
    • Value Estimation
      $225,000
      2,700 SF

      1155 Washington St

      OFFICE (GENERAL) • 2,700 SF
      1155 Washington St, Pittsfield, IL 62363-1662
      View Details
    • Value Estimation
      $500,000
      10,557 SF

      Pittsfield, IL 62363

      OFFICE (GENERAL) • 10,557 SF
      Pittsfield, IL 62363
      View Details

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    502 Madison St
    Pittsfield, IL 62363-1127
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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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