220 State Rte 121Mt Zion, IL 62549

  • Office buildings
  • 0.63 AC
Off market
$6,311,890 Estimated

Property Details for 220 State Rte 121

Year built
1988
Lot size
0.63 AC
Zone code
MUNICIPAL
Property type
Office buildings
APN
12-17-03-353-031
APU
121703353031

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,697,464
    6.5%
    $6,182,275
    7%
    $5,740,684
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,139,456
    Geo Method
    $2,139,456
  • Alternative Use

    Use
    Valuation
    Residential
    $7,666,021
    Hospitality
    $7,022,034
    Educational
    $5,842,250
    Medical
    $6,043,174
    Retail
    $9,087,944

Location Insight

City
Mt Zion
County
Macon
State
Illinois
Latitude
39.7713
Longitude
-88.8696
CBSA code
19500
CBSA name
DECATUR, 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
$2,975
$11,794
$24,638
$36,432
-
$35,386
$73,921
$109,307

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