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    Property profile & analytics

    511 Elm St Alhambra, IL 62001-1744

    • Commercial real estate
    • 4.30 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 20, 2022
    Location Intelligence
    Property ID
    US28-1958455
    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 511 Elm St

    Lot size
    4.30 lot acres
    Property type
    Commercial real estate
    APN
    07-2-11-11-04-401-013
    APU
    72111104401013

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Madison
    State
    Illinois
    Longitude
    -89.7281
    Latitude
    38.8904
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-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
    2022
    $1,592
    $14,210
    $6,160
    $20,370
    -
    $42,673
    $18,498
    $61,171

    Comparable in this City

    • Value Estimation
      $95,000
      0.52 Acres

      422 Elm St

      COMMERCIAL (GENERAL) • 0.52 Acres
      422 Elm St, Alhambra, IL 62001-1743
      View Details
    • Value Estimation by Request
      1,118 SF

      702 Main St

      COMMERCIAL (GENERAL) • 1,118 SF
      702 Main St, Alhambra, IL 62001-2238
      View Details
    • Value Estimation by Request
      4,730 SF

      305 Main St

      COMMERCIAL (GENERAL) • 4,730 SF
      305 Main St, Alhambra, IL 62001-3039
      View Details
    • Value Estimation by Request
      1,400 SF

      206 Main St

      COMMERCIAL (GENERAL) • 1,400 SF
      206 Main St, Alhambra, IL 62001-3001
      View Details
    • Value Estimation by Request
      0.56 Acres

      11746 State Rte 140

      COMMERCIAL (GENERAL) • 0.56 Acres
      11746 State Rte 140, Alhambra, IL 62001
      View Details
    • Value Estimation
      $335,000
      1,420 SF

      502 Main St

      COMMERCIAL (GENERAL) • 1,420 SF
      502 Main St, Alhambra, IL 62001
      View Details

    Similar Nearby for Sale

    • $120,000
      3,360 SF

      Turn-Key Church and Hall in Alhambra

      Church with unfinished hall, ideal for entrepreneurs in Alhambra.
      109 College St, Alhambra, IL 62001
      View Details
    • $40,000
      0.76 Acres

      Vacant Lot in Downtown Alhambra

      Double lot in Alhambra, Illinois, with business zoning.
      714 E Main St, Alhambra, IL 62001
      View Details
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    511 Elm St
    Alhambra, IL 62001-1744
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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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