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    Property profile & analytics

    Georgetown Rd Washington, IL 61571

    • Commercial land
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 22, 2023
    $875,000
    Location Intelligence
    Property ID
    US28-1312601
    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 for Georgetown Rd

    Property type
    Commercial land
    APN
    02-02-22-107-024
    APU
    20222107024

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.4409
    Latitude
    40.7032
    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
    2023
    $386
    $4,300
    $0.00
    $4,300
    -
    $12,900
    $0.00
    $12,900

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      1103 Main St

      VACANT COMMERCIAL LAND • 0.11 Acres
      1103 Main St, Washington, IL 61571-2506
      View Details
    • Value Estimation by Request
      0.76 Acres

      910 Walnut St

      VACANT COMMERCIAL LAND • 0.76 Acres
      910 Walnut St, Washington, IL 61571-2812
      View Details
    • Value Estimation by Request
      0.16 Acres

      119 Walnut St

      VACANT COMMERCIAL LAND • 0.16 Acres
      119 Walnut St, Washington, IL 61571-2645
      View Details
    • Value Estimation by Request
      2.77 Acres

      1350 Washington Rd

      VACANT COMMERCIAL LAND • 2.77 Acres
      1350 Washington Rd, Washington, IL 61571-2368
      View Details
    • Value Estimation by Request
      0.25 Acres

      2135 Washington Rd

      VACANT COMMERCIAL LAND • 0.25 Acres
      2135 Washington Rd, Washington, IL 61571-1957
      View Details
    • Value Estimation by Request
      0.55 Acres

      Washington Rd

      VACANT COMMERCIAL LAND • 0.55 Acres
      Washington Rd, Washington, IL 61571
      View Details

    Similar Nearby for Sale

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      Commercial Land on Washington Road

      Commercial land for sale with high traffic volume.
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    • $850,000
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      1.5 acre commercial land for sale in Washington, Illinois.
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    • $1,200,000
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      Commercial Land in Washington, IL

      11.31 acres of commercial land on a busy road.
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    Similar Nearby for Lease

    • Contact for pricing

      Prime Washington, IL Commercial Land

      Outlots & acreage for lease/sale
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    • $14 SF/Yr
      8,916 SF

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    • $12 SF/Yr
      14,000 SF

      Prime Washington Retail Space

      14,000 SF Strip Center, 2 Suites Available
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    • $8 SF/Yr
      100,675 SF

      Cherry Tree Shopping Center Retail Space

      High-traffic retail space, multiple suites available.
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    • $15 SF/Yr
      4,060 SF

      Retail Space Near Walmart

      Retail space available in multi-tenant strip center.
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      Retail suites available in busy Washington, IL shopping center.
      6-64 Cherry Tree Shopping Ctr, Washington, IL 61571
      View Details
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    Georgetown Rd
    Washington, IL 61571
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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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