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    Property profile & analytics

    Sheridan, IL 60551

    • Commercial real estate
    • 1,600 SF
    • 6.12 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US28-4434287
    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

    Lot size
    6.12 lot acres
    Property size
    1,600 SF
    Property type
    Commercial real estate
    APN
    10-29-311-000
    APU
    1029311000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sheridan
    County
    Lasalle
    State
    Illinois
    Longitude
    -88.6868
    Latitude
    41.4712
    CBSA code
    36837
    CBSA name
    OTTAWA, IL MICROPOLITAN 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
    $2,898
    $2,820
    $41,710
    $44,530
    -
    $8,460
    $125,130
    $133,590

    Comparable in this City

    • Value Estimation by Request
      3,200 SF

      100 Pleasant St

      COMMERCIAL (GENERAL) • 3,200 SF
      100 Pleasant St, Sheridan, IL 60551-1009
      View Details
    • Value Estimation by Request
      1,160 SF

      220 Sheridan Ave

      COMMERCIAL (GENERAL) • 1,160 SF
      220 Sheridan Ave, Sheridan, IL 60551-1002
      View Details
    • Value Estimation by Request
      3,031 SF

      Bushnell St

      COMMERCIAL (GENERAL) • 3,031 SF
      Bushnell St, Sheridan, IL 60551
      View Details
    • Value Estimation
      $130,000
      6,968 SF

      2 Main St

      COMMERCIAL (GENERAL) • 6,968 SF
      2 Main St, Sheridan, IL 60551
      View Details
    • Value Estimation by Request
      3,200 SF

      130 Si Johnson Ave

      COMMERCIAL (GENERAL) • 3,200 SF
      130 Si Johnson Ave, Sheridan, IL 60551-1013
      View Details
    • Value Estimation
      $315,000
      1,620 SF

      Sheridan, IL 60551

      COMMERCIAL (GENERAL) • 1,620 SF
      Sheridan, IL 60551
      View Details

    Similar Nearby for Sale

    • $145,000
      2,400 SF

      105 Si Johnson Ave, Sheridan, IL 60551

      Retail properties • 2,400 SF
      105 Si Johnson Ave, Sheridan, IL 60551
      View Details
    • $32,900
      1.00 Acre

      Sheridan, IL Building Lots

      One-acre building lots in Somonauk Schools District with natural gas.
      2420 N 4210Th Rd, Sheridan, IL 60551
      View Details
    • $69,900
      2.38 Acres

      Sheridan Land with Mature Trees

      2.38 acre wooded lot ready for your dream home.
      2618 N 3689Th Rd, Sheridan, IL 60551
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    • $32,900
      1.37 Acres

      Sheridan, IL Building Lots

      1+ acre building lots in Somonauk Schools District.
      2455 N 4220Th Rd, Sheridan, IL 60551
      View Details
    • $32,900
      1.00 Acre

      Sheridan, IL Acreage for Building

      Over 1 acre building lots in Somonauk Schools District.
      2426 N 4220Th Rd, Sheridan, IL 60551
      View Details
    • Contact for pricing
      0.82 Acres

      Sheridan, IL Land For Sale

      Land in a country development, Serena school district.
      3668 E 2619Th Rd, Sheridan, IL 60551
      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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