FranklinSerena, IL 60549

  • Commercial real estate
  • 3,837 SF
Off market
$2,905,360 Estimated

Property Details for Franklin

Year built
1903
Lot size
0.29 AC
Property size (Sq ft)
3,837 SF
Property type
Commercial real estate
APN
09-23-409-004
APU
923409004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $785,191
    6.5%
    $724,792
    7%
    $673,021
  • Comparable approach

    Method
    Valuation
    Relative Method
    $389,544
    Geo Method
    $499,769
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,472,530
    Retail / Commercial
    $746,182
    Mixed-Use / Specialty
    $736,491
    Hospitality / Lodging
    $531,186
    Office
    $724,792
    Institutional / Educational
    $763,141
    Residential Income
    $892,875
    Multifamily
    $1,109,850
    Automotive / Energy
    $654,121
    Parking / Income-Based Land
    $232,676
    Restaurant / Food Service
    $368,049
    Healthcare / Senior Housing
    $762,468

Location Insight

City
Serena
County
Lasalle
State
Illinois
Latitude
41.4864
Longitude
-88.7324
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
$207
$2,104
$1,167
$3,271
-
$6,312
$3,501
$9,813

FAQs

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