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    Property profile & analytics

    Chicago At Jackson St Mount Ayr, IN 47964

    • Commercial real estate
    • 1.76 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US31-2403995
    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 Chicago At Jackson St

    Year built
    1965
    Lot size
    1.76 lot acres
    Property type
    Commercial real estate
    APN
    56-11-23-111-023.001-009
    APU
    561123111023001009

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Ayr
    County
    Newton
    State
    Indiana
    Longitude
    -87.2972
    Latitude
    40.9526
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    2023
    $1,213
    $36,500
    $12,000
    $48,500
    -
    $36,500
    $12,000
    $48,500

    Comparable in this City

    • Value Estimation by Request
      576 SF

      307 Marion St

      OFFICE (GENERAL) • 576 SF
      307 Marion St, Mount Ayr, IN 47964
      View Details
    • Value Estimation by Request
      5,625 SF

      101 Rensselaer St

      HOTEL/MOTEL • 5,625 SF
      101 Rensselaer St, Mount Ayr, IN 47964-2001
      View Details
    • Value Estimation by Request
      576 SF

      102 3rd St

      RETAIL STORES (PERSONAL SERVICES) • 576 SF
      102 3rd St, Mount Ayr, IN 47964
      View Details
    • Value Estimation by Request
      3,968 SF

      104 3rd St

      OFFICE (GENERAL) • 3,968 SF
      104 3rd St, Mount Ayr, IN 47964
      View Details
    • Value Estimation
      $330,000
      3,256 SF

      215 2nd St

      THEATER (MOVIE) • 3,256 SF
      215 2nd St, Mount Ayr, IN 47964
      View Details
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    Chicago At Jackson St
    Mount Ayr, IN 47964
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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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