FranklinSerena, IL 60549

  • Commercial real estate
  • 2,184 SF
Off market
$701,270 Estimated

Property Details for Franklin

Year built
1948
Lot size
0.07 AC
Property size (Sq ft)
2,184 SF
Property type
Commercial real estate
APN
09-23-413-004
APU
923413004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $446,927
    6.5%
    $412,548
    7%
    $383,080
  • Comparable approach

    Method
    Valuation
    Relative Method
    $221,727
    Geo Method
    $284,466
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $838,155
    Retail / Commercial
    $424,723
    Mixed-Use / Specialty
    $419,207
    Hospitality / Lodging
    $302,348
    Office
    $412,548
    Institutional / Educational
    $434,376
    Residential Income
    $508,220
    Multifamily
    $631,718
    Automotive / Energy
    $372,322
    Parking / Income-Based Land
    $132,438
    Restaurant / Food Service
    $209,491
    Healthcare / Senior Housing
    $433,993

Location Insight

City
Serena
County
Lasalle
State
Illinois
Latitude
41.4853
Longitude
-88.7331
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
$421
$1,162
$5,492
$6,654
-
$3,486
$16,476
$19,962

FAQs

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