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    Property profile & analytics

    523 Central Ave Roxana, IL 62084-1329

    • Apartment buildings
    • 1,680 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Location Intelligence
    Property ID
    US28-1834099
    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

    • Apartment buildings

    Property Details for 523 Central Ave

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    1,680 SF
    Property type
    Apartment buildings
    APN
    19-2-08-34-12-202-001
    APU
    192083412202001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $365,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $435,000
      Mixed-Use
      $450,000
      Hospitality
      $365,000
      Educational
      $450,000
      Residential Income
      $340,000
      Energy
      $360,000
      Income-Based Land
      $375,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Roxana
    County
    Madison
    State
    Illinois
    Longitude
    -90.0786
    Latitude
    38.8447
    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
    $3,376
    $7,440
    $46,550
    $53,990
    -
    $22,342
    $139,790
    $162,132

    Comparable in this City

    • Value Estimation
      $135,000
      2,520 SF

      143 3rd St

      APARTMENT HOUSE (5+ UNITS) • 2,520 SF
      143 3rd St, Roxana, IL 62084-1330
      View Details
    • Value Estimation by Request
      74.85 Acres

      7th St

      INDUSTRIAL - VACANT LAND • 74.85 Acres
      7th St, Roxana, IL 62084
      View Details
    • Value Estimation by Request
      1.88 Acres

      4517 Hedge Rd

      VACANT COMMERCIAL LAND • 1.88 Acres
      4517 Hedge Rd, Roxana, IL 62084-2735
      View Details
    • Value Estimation by Request
      1,530 SF

      700 Central Ave

      COMMERCIAL (GENERAL) • 1,530 SF
      700 Central Ave, Roxana, IL 62084-1317
      View Details
    • Value Estimation by Request
      960 SF

      127 5th St

      COMMERCIAL (GENERAL) • 960 SF
      127 5th St, Roxana, IL 62084-1207
      View Details
    • Value Estimation by Request

      7th St

      INDUSTRIAL (GENERAL)
      7th St, Roxana, IL 62084
      View Details

    Similar Nearby for Sale

    • $1,027,750

      Industrial Zoned Development Site

      41+/- acre industrial development site with utilities near I-255.
      4542 Wagon Wheel Rd, Roxana, IL 62084
      View Details
    • $50,000
      0.50 Acres

      Roxana Land Ready For Development

      Half-acre commercial land in Roxana, ready for development.
      700 Central Ave, Roxana, IL 62084
      View Details
    • $50,000
      50,000 SF

      Roxana Industrial Warehouse Site

      30-Acre Industrial Land, Build-to-Suit Potential
      4135 Cemetery Rd, Roxana, IL 62084
      View Details
    • $945,000

      21 Acres Zoned Industrial Land

      21 acres of industrial land with utilities available for sale.
      4135 Cemetery Rd S, Roxana, IL 62084
      View Details
    • $399,000
      1,326 SF

      Turnkey Restaurant Opportunity in Roxana

      Newly renovated restaurant with equipment, ready for owner-operator.
      711 S Central Ave, Roxana, IL 62084
      View Details
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    523 Central Ave
    Roxana, IL 62084-1329
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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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