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    Carmi, IL 62821

    • Commercial land
    • 5.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4785717
    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 land

    Property Details

    Lot size
    5.00 lot acres
    Property type
    Commercial land
    APN
    13-23-151-002
    APU
    1323151002

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Carmi
    County
    White
    State
    Illinois
    Longitude
    -88.1887
    Latitude
    38.078

    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
    $474
    $6,153
    $0.00
    $6,153
    -
    $18,459
    $0.00
    $18,459

    Comparable in this City

    • Value Estimation by Request

      Carmi, IL 62821

      VACANT COMMERCIAL LAND
      Carmi, IL 62821
      View Details
    • Value Estimation by Request

      Carmi, IL 62821

      VACANT COMMERCIAL LAND
      Carmi, IL 62821
      View Details
    • Value Estimation by Request
      1.47 Acres

      Carmi, IL 62821

      VACANT COMMERCIAL LAND • 1.47 Acres
      Carmi, IL 62821
      View Details
    • Value Estimation by Request

      Carmi, IL 62821

      VACANT COMMERCIAL LAND
      Carmi, IL 62821
      View Details
    • Value Estimation by Request

      Carmi, IL 62821

      VACANT COMMERCIAL LAND
      Carmi, IL 62821
      View Details
    • Value Estimation by Request

      Carmi, IL 62821

      VACANT COMMERCIAL LAND
      Carmi, IL 62821
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Land Ready for Development

      Vacant lot available for development in Carmi, Illinois.
      1 Roser Dr, Carmi, IL 62821
      View Details
    • $100,000

      Carmi Vacant Land with Utilities

      Eleven in-town lots with utilities in a quiet area.
      715 Old Orch, Carmi, IL 62821
      View Details
    • Contact for pricing

      Vacant Land in Edgewood Estates

      Residential land in Carmi, IL, located in Edgewood Estates.
      Roser Dr, Carmi, IL 62821
      View Details
    • $425,000
      12,600 SF

      14-Unit Carmi Apartment Complex

      Value-add multifamily investment opportunity.
      700 3Rd St, Carmi, IL 62821
      View Details
    • $255,000

      Commercial Building in Carmi, IL

      Modern commercial building with showroom, office, and workshop in Carmi.
      809 Oak St, Carmi, IL 62821
      View Details
    • $239,000
      2,600 SF

      Charming Farmhouse on 2.1 Acres

      Beautifully maintained 4-bedroom farmhouse with outbuilding and barn.
      598 County Road 1725 E, Carmi, IL 62821
      View Details
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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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