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    Property profile & analytics

    9345 200Th Ave Flat Rock, IL 62427

    • Commercial real estate
    • 722 SF
    • 12.84 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4517557
    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 9345 200Th Ave

    Year built
    1985
    Lot size
    12.84 lot acres
    Property size
    722 SF
    Property type
    Commercial real estate
    APN
    08-2-17-000-005-000

    Description

    This exceptional commercial property in Flat Rock, Illinois, presents a unique investment opportunity. Located at 9345 E. 200th Ave, this 1-story, 722 square foot multifamily building sits on a substantial lot ranging from 12.84 to 25.68 acres (559,310 square feet). Built in 1985, the property boasts a full, walk-out basement adding 1,329 square feet of finished space, totaling 2,051 square feet of finished area. The property features a brick and masonry foundation. Currently zoned residential, this versatile property offers significant potential for various commercial uses. The asking price is $294,000, translating to $407.20 per square foot of above-grade finished space. The expansive lot provides ample space for expansion or future development. While the main structure requires some interior updates, including new flooring and master bathroom finishing, this presents a chance to customize the space to meet specific commercial needs. This property is a rare find, combining a prime location with significant acreage and development potential in Crawford County, Illinois, zip code 62427. The property's APN is 08-2-17-000-005-000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Flat Rock
    County
    Crawford
    State
    Illinois
    Longitude
    -87.7696508
    Latitude
    38.8774423
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    9345 200Th Ave
    Flat Rock, IL 62427
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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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