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    Property profile & analytics

    Rte 48 Weldon, IL 61882

    • Commercial real estate
    • 2,400 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4459652
    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 Rte 48

    Year built
    1939
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Property size
    2,400 SF
    Property type
    Commercial real estate
    APN
    14-09-281-003
    APU
    1409281003

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Weldon
    County
    De Witt
    State
    Illinois
    Longitude
    -88.7455
    Latitude
    40.1214

    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
    $461
    $1,190
    $4,135
    $5,325
    -
    $15,977
    $0.00
    $15,977

    Comparable in this City

    • Value Estimation
      $280,000
      28.00 Acres

      6599 Sailboat Rd

      COMMERCIAL (GENERAL) • 28.00 Acres
      6599 Sailboat Rd, Weldon, IL 61882-8952
      View Details
    • Value Estimation by Request
      2,080 SF

      454 Maple St

      COMMERCIAL (GENERAL) • 2,080 SF
      454 Maple St, Weldon, IL 61882-4642
      View Details
    • Value Estimation
      $150,000
      10.12 Acres

      7291 State Hwy 48

      COMMERCIAL (GENERAL) • 10.12 Acres
      7291 State Hwy 48, Weldon, IL 61882-8979
      View Details
    • Value Estimation by Request
      1,680 SF

      450 Maple St

      COMMERCIAL (GENERAL) • 1,680 SF
      450 Maple St, Weldon, IL 61882-7500
      View Details
    • Value Estimation by Request
      6,784 SF

      5959 Weldon Spgs Rd

      COMMERCIAL (GENERAL) • 6,784 SF
      5959 Weldon Spgs Rd, Weldon, IL 61882
      View Details
    • Value Estimation
      $505,000
      3,456 SF

      641 State Hwy 48

      COMMERCIAL (GENERAL) • 3,456 SF
      641 State Hwy 48, Weldon, IL 61882-8931
      View Details
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    Rte 48
    Weldon, IL 61882
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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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