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    Property profile & analytics

    509 1st St El Paso, IL 61738

    • Banks
    • 360 SF
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US28-2485719
    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

    • Banks

    Property Details for 509 1st St

    Year built
    1971
    Property size
    360 SF
    Property type
    Banks
    APN
    16-05-303-004
    APU
    1605303004

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    Woodford
    State
    Illinois
    Longitude
    -89.0245
    Latitude
    40.7395
    CBSA code
    37900
    CBSA name
    PEORIA, 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
    $25,319
    $51,600
    $255,921
    $307,521
    -
    $154,800
    $767,763
    $922,563

    Comparable in this City

    • Value Estimation
      $375,000
      0.62 Acres

      99 Elm St

      FINANCIAL BUILDING • 0.62 Acres
      99 Elm St, El Paso, IL 61738-1544
      View Details
    • Value Estimation by Request
      1,911 SF

      123 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 1,911 SF
      123 Frnt St, El Paso, IL 61738-1555
      View Details
    • Value Estimation by Request
      7,200 SF

      903 Main St

      Individual retail properties • 7,200 SF
      903 Main St, El Paso, IL 61738
      View Details
    • Value Estimation
      $390,000
      0.17 Acres

      Frnt St

      DRY CLEANER • 0.17 Acres
      Frnt St, El Paso, IL 61738
      View Details
    • Value Estimation
      $300,000
      5.25 Acres

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 5.25 Acres
      Main St, El Paso, IL 61738
      View Details
    • Value Estimation by Request
      0.09 Acres

      Frnt St St

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      Frnt St St, El Paso, IL 61738
      View Details

    Similar Nearby for Sale

    • $450,000
      7,200 SF

      Former Retail Building with Parking

      Free-standing retail building in El Paso, Illinois, with parking.
      903 W Main St, El Paso, IL 61738
      View Details
    • $495,000
      9,100 SF

      El Paso Office Building - $495K

      9,100 SF Freestanding Office, Vacant
      901 Main St, El Paso, IL 61738
      View Details
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    509 1st St
    El Paso, IL 61738
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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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