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Property profile & analytics
OFF-MARKET Estimated value $60,000
Commercial real estate

519 Carlin St Morrisonville, IL 62546

760 SF 0.07 ac lot Built 1900
Individually Owned 8-yr Hold Free & Clear
Property ID
US28-4261484
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Total area 760 SF
Lot 0.07 ac (2,840 SF)
Zoning code C-1
APN 13-22-08-108-015-01
UPID US28-4261484
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k
Owner & transaction history
George Everett Meyer T · 8 yrs held
George Everett Meyer T
since 2018
6 recorded transactions
2018
Price N/A
2012
Price N/A
2011
$10,500
2010
Price N/A
2008
$11,000
2006
$27,000
Zoning & alternative use
C-1 · Morrisonville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

DIVISION IV - GENERAL RETAIL (C-1) DISTRICT 1-5-36 PREAMBLE. The purpose of the C -1 General Retail District is to provide for a wide range of retail facilities and services of such a nature as to be fully compatible in the proximity they must enjoy in the central business district of a city, village or unincorporated village. 1-5-37 PERMITTED USES. The foll…

Zone name General Retail
General category COMMERCIAL
Zone area 80.45 ac
Source Revised Code
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