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ROBY & ASSOCIATES REAL ESTATE APPRAISERS <br /> 252 E. Main Street Decatur, Illinois 62523 Phone 217/428-3451 <br /> VERNE E. ROBY, SRPA <br /> EDWARD A. SCHROEDER, SRA <br /> April 1H, 19HS CHARLES R. McCOY, SRA <br /> Mr. Peter Vercellino <br /> 2808 N. 22nd Street <br /> Decatur, Illinois 62526 <br /> Re: Vacant Public Land <br /> No. 22nd Street <br /> Decatur, Illinois <br />' Dear Mr. Vercellino: <br /> At your request I have inspected subject parcel of Vacant Land <br /> for the purpose of forming a meaningful opinion of Current Market <br /> Value. After studying all the similar sales data over the past <br /> few years and taking into consideration the location of subject <br /> land, which as a large Public Water drainage ditch, also an active <br /> Railroad Right of Way beyond, running along the Southern lot line <br /> of Subject property (See Attached Plat Map) coupled with the presence <br /> of a non—mountable median in the center of North 22nd Street which <br /> presents direct vehicular access from Southbound Traffic it is my <br /> opinion that the site has a current square foot value of $.25, or a <br /> total value of $4,350. <br /> It should be noted that this is an Opinion of Value and should not be <br /> construed to be a formal appraisal report. <br /> If I can be of further assistance, please feel free to contact our <br /> office. <br /> Yours very truly, <br /> Roby & Associates <br /> 1 � ,� <br /> Charles R. McCoy, SRA <br /> CRM/cr <br />