19416 Springfield RdGroveland, IL 61535

  • Grocery and convenience stores
  • 2,844 SF
Off market
$3,953,700 Estimated

Property Details for 19416 Springfield Rd

Year built
1991
Lot size
0.39 AC
Property size (Sq ft)
2,844 SF
Property type
Grocery and convenience stores
APN
05-05-22-405-008
APU
50522405008

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $754,871
    6.5%
    $696,804
    7%
    $647,033
  • Comparable approach

    Method
    Valuation
    Relative Method
    $727,604
    Geo Method
    $558,730
  • Alternative Use

    Use
    Valuation
    Residential
    $587,781
    Hospitality
    $538,404
    Educational
    $447,946
    Medical
    $463,351
    Retail
    $696,804

Location Insight

City
Groveland
County
Tazewell
State
Illinois
Latitude
40.6038
Longitude
-89.5334
CBSA code
37900
CBSA name
PEORIA, IL 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
$26,467
$10,400
$362,960
$373,360
-
$31,200
$1,088,880
$1,120,080

FAQs

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