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    Property profile & analytics

    Reed Rd Coal City, IL 60416

    • Commercial land
    • 1.80 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4413940
    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 Reed Rd

    Lot size
    1.80 lot acres
    Property type
    Commercial land
    APN
    09-11-300-023
    APU
    911300023

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Coal City
    County
    Grundy
    State
    Illinois
    Longitude
    -88.2825
    Latitude
    41.26
    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
    $404
    $7,761
    $0.00
    $7,761
    -
    $23,283
    $0.00
    $23,283

    Comparable in this City

    • Value Estimation by Request
      0.38 Acres

      3rd Ave

      VACANT COMMERCIAL LAND • 0.38 Acres
      3rd Ave, Coal City, IL 60416
      View Details
    • Value Estimation by Request
      0.07 Acres

      Broadway

      VACANT COMMERCIAL LAND • 0.07 Acres
      Broadway, Coal City, IL 60416
      View Details
    • Value Estimation by Request
      0.13 Acres

      55 Broadway St

      VACANT COMMERCIAL LAND • 0.13 Acres
      55 Broadway St, Coal City, IL 60416-1530
      View Details
    • Value Estimation by Request
      0.07 Acres

      Division St

      VACANT COMMERCIAL LAND • 0.07 Acres
      Division St, Coal City, IL 60416
      View Details
    • Value Estimation by Request
      1.96 Acres

      Railroad St

      VACANT COMMERCIAL LAND • 1.96 Acres
      Railroad St, Coal City, IL 60416
      View Details
    • Value Estimation by Request
      0.22 Acres

      655 Broadway St

      VACANT COMMERCIAL LAND • 0.22 Acres
      655 Broadway St, Coal City, IL 60416-1705
      View Details

    Similar Nearby for Sale

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      Commercial Land in Diamond, IL

      Commercial land with high exposure near national brands.
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      Vacant Land in Coal City

      0.38 acre vacant land parcel with easy access.
      000 3Rd Ave, Coal City, IL 60416
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    • $36,500
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      Residential Lot in Springhill Subdivision

      Single-family lot in great location, build your dream home!
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      Residential Subdivision Land Opportunity

      Land suitable for residential development near Coal City, Illinois.
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    • $1,950,000
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      Diamond Industrial Land: 30 Acres

      Prime Industrial Land, I-55 Frontage, Build-to-Suit Possible
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      Residential Land in Coal City

      Single-family lot in Springhill Subdivision, near schools and downtown.
      937 Covey Ln, Coal City, IL 60416
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    Reed Rd
    Coal City, IL 60416
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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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