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    Property profile & analytics

    810 University Ave Henry, IL 61537

    • Commercial real estate
    • 0.89 lot acres
    For Sale
    View listing
    $150,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-2624022
    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 810 University Ave

    Lot size
    0.89 lot acres
    Property type
    Commercial real estate
    APN
    03-16-154-040
    APU
    316154040

    Description

    This 2,310 square foot commercial property is situated at 810 University Avenue in Henry, Illinois, directly on Route 29. Its prime location ensures high traffic volume, providing excellent visibility for any retail business. The space has been beautifully updated and is currently configured as a combined antique store and floral boutique, demonstrating its versatility. The property offers a significant opportunity for a variety of retail uses. The building sits on a lot with no acreage specified. The asking price for the property is $146,000. It's important to note that the existing business and its inventory are available for separate purchase, offering flexibility to prospective buyers. This presents a unique chance to acquire a well-located, updated retail space with immediate operational potential or to establish a new venture in a high-traffic area. Interested parties are encouraged to schedule a viewing to fully appreciate the property's potential. The property is classified as General Commercial.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Henry
    County
    Marshall
    State
    Illinois
    Longitude
    -89.369
    Latitude
    41.1126
    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
    2022
    $1,496
    $7,627
    $17,103
    $24,730
    -
    $22,881
    $51,309
    $74,190

    Comparable in this City

    • Value Estimation by Request

      Henry, IL 61537

      COMMERCIAL (GENERAL)
      Henry, IL 61537
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    • Value Estimation by Request
      0.29 Acres

      408 Edward St

      COMMERCIAL (GENERAL) • 0.29 Acres
      408 Edward St, Henry, IL 61537-1504
      View Details
    • Value Estimation by Request

      500 Edward St

      COMMERCIAL (GENERAL)
      500 Edward St, Henry, IL 61537-1218
      View Details
    • Value Estimation by Request

      Henry, IL 61537

      COMMERCIAL (GENERAL)
      Henry, IL 61537
      View Details
    • Value Estimation by Request

      Henry, IL 61537

      COMMERCIAL (GENERAL)
      Henry, IL 61537
      View Details
    • Value Estimation
      $280,000
      0.18 Acres

      Henry, IL 61537

      COMMERCIAL (GENERAL) • 0.18 Acres
      Henry, IL 61537
      View Details

    Similar Nearby for Sale

    • $119,900
      4,400 SF

      Henry, IL Commercial Building

      Spacious building, great potential, priced to sell.
      504 Edward St, Henry, IL 61537
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    • $129,900
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      Henry, IL Commercial Building

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    • $150,000

      Prime Henry Retail Space

      High-traffic Route 29 location, $150,000
      810 University Ave, Henry, IL 61537
      View Details
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    Henry, IL 61537
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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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