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    Property profile & analytics

    804 Illinois St Petersburg, IN 47567-8026

    • Turn key restaurants
    • 3,640 SF
    • 0.98 lot acres
    OFF-MARKET
    Value Estimation
    $455,000
    Last Sale
    Sep 07, 2023
    Location Intelligence
    Property ID
    US31-2823628
    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

    • Turn key restaurants

    Property Details for 804 Illinois St

    Year built
    2014
    Construction
    WOOD
    Lot size
    0.98 lot acres
    Property size
    3,640 SF
    Property type
    Turn key restaurants
    APN
    63-02-26-300-042.003-011
    APU
    630226300042003011

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Petersburg
    County
    Pike
    State
    Indiana
    Longitude
    -87.2748
    Latitude
    38.4857
    CBSA code
    27540
    CBSA name
    JASPER, IN MICROPOLITAN 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
    $8,140
    $32,500
    $282,800
    $315,300
    -
    $32,500
    $282,800
    $315,300

    Comparable in this City

    • Value Estimation
      $375,000
      11,268 SF

      115 Pike Ave

      RESTAURANT • 11,268 SF
      115 Pike Ave, Petersburg, IN 47567-8750
      View Details
    • Value Estimation
      $350,000
      6,602 SF

      1202 Main St

      RESTAURANT • 6,602 SF
      1202 Main St, Petersburg, IN 47567-1339
      View Details
    • Value Estimation
      $370,000
      2,400 SF

      109 6th St

      RESTAURANT • 2,400 SF
      109 6th St, Petersburg, IN 47567-1416
      View Details
    • Value Estimation
      $365,000
      2,073 SF

      104 Main St

      RESTAURANT • 2,073 SF
      104 Main St, Petersburg, IN 47567-1239
      View Details
    • Value Estimation
      $385,000
      3,390 SF

      7th St

      RESTAURANT • 3,390 SF
      7th St, Petersburg, IN 47567
      View Details
    • Value Estimation by Request
      1,467 SF

      8th En St

      RESTAURANT • 1,467 SF
      8th En St, Petersburg, IN 47567
      View Details

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    • Contact for pricing
      Pending

      Buildable Lot in Petersburg, IN

      Residential land available in Petersburg with utilities.
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      Agricultural Land For Sale

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    804 Illinois St
    Petersburg, IN 47567-8026
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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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