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    For Sale (65)

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    Alton Multifamily Property Ready
    $200,000
    2,275 SF

    Alton Multifamily Property Ready

    Multi-family property in historic district ready for redevelopment.

    427 E 4Th St, Alton, IL 62002
    View details
    Residential Lot in Godfrey, IL
    $39,000
    0.28 Acres

    Residential Lot in Godfrey, IL

    Residential building lot in a platted subdivision.

    1402 Ryan Dr, Godfrey, IL 62035
    View details
    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Residential land for sale in Stone Bridge Estates.

    36 Witt Mill Rd, Jerseyville, IL 62052
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    Residential Land in Developing Subdivision
    Contact for pricing

    Residential Land in Developing Subdivision

    Residential land for sale near City Park and Wock Lake.

    26 N June St, Jerseyville, IL 62052
    View details
    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Large, flat residential lots perfect for building your dream home.

    50 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Residential Land in Developing Subdivision
    Contact for pricing

    Residential Land in Developing Subdivision

    Residential land for sale in Jerseyville, close to City Park.

    25 N June St, Jerseyville, IL 62052
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    Worden Income Property with Residences
    $245,000
    2,342 SF

    Worden Income Property with Residences

    Investment opportunity with duplex and manufactured home in Worden.

    307 Sandbach, Worden, IL 62097
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    Residential Land in Stone Bridge Estates
    $34,900

    Residential Land in Stone Bridge Estates

    Large, flat lots perfect for building your dream home.

    40 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Alton Commercial Property with Potential
    $199,900
    3,090 SF

    Alton Commercial Property with Potential

    Two-level commercial property in prime Alton location for sale.

    2510 College Ave, Alton, IL 62002
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    Residential Lot in Blu Fountain
    $35,000
    0.41 Acres

    Residential Lot in Blu Fountain

    0.4-acre residential lot in established Godfrey subdivision.

    4802 Blu Fountain Dr, Godfrey, IL 62035
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    Land for New Home Construction
    $199,900
    10.11 Acres

    Land for New Home Construction

    10.11 acres for building a new home.

    Tbd Joe Knight Rd, Dow, IL 62022
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    Godfrey Commercial Property For Sale
    $65,000
    1,652 SF

    Godfrey Commercial Property For Sale

    Commercial property on high-traffic road with office conversion and updates.

    6120 Godfrey Rd, Godfrey, IL 62035
    View details
    Newly Built Brick Triplex
    $385,000
    3,300 SF

    Newly Built Brick Triplex

    New 2024 triplex with spacious units and ample parking.

    329 Rutledge St, Worden, IL 62097
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    Residential Land in Golden Eagle, IL
    Contact for pricing
    0.67 Acres

    Residential Land in Golden Eagle, IL

    Residential land for sale in Golden Eagle, Illinois.

    50 Herter Dr, Golden Eagle, IL 62036
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    Residential Land in Golden Eagle
    Contact for pricing
    1.05 Acres

    Residential Land in Golden Eagle

    Residential land for sale in Winneberg Estates, Golden Eagle, IL.

    95 Quarry Rd, Golden Eagle, IL 62036
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    Residential Land in Golden Eagle, IL
    $39,000
    1.79 Acres

    Residential Land in Golden Eagle, IL

    Residential land for sale in Golden Eagle, Illinois.

    71 Riverview Dr, Golden Eagle, IL 62036
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    Residential Land in Golden Eagle
    $49,000
    1.35 Acres

    Residential Land in Golden Eagle

    Residential land for sale in Winneberg Estates, Golden Eagle, IL.

    75 Riverview Dr, Golden Eagle, IL 62036
    View details
    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Large, flat residential lots perfect for building your dream home.

    34 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Residential Land in Golden Eagle, IL
    Contact for pricing
    0.61 Acres

    Residential Land in Golden Eagle, IL

    Residential land for sale in Golden Eagle, Illinois.

    7 Quarry Ct, Golden Eagle, IL 62036
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    Residential Lot with Garage
    Contact for pricing
    0.44 Acres

    Residential Lot with Garage

    Residential lot with a two-car garage in Pinckneyville, Illinois.

    38 Missouri St, Pinckneyville, IL 62274
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    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Large, flat residential lots in a peaceful country setting.

    38 Witt Mill Rd, Jerseyville, IL 62052
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    Residential Lot in Quiet Subdivision
    $39,000
    0.29 Acres

    Residential Lot in Quiet Subdivision

    Residential building lot in Godfrey, lawn care and snow removal.

    1400 Ryan Dr, Godfrey, IL 62035
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    Residential Lot in Quiet Subdivision
    $39,000
    0.29 Acres

    Residential Lot in Quiet Subdivision

    Residential building lot in Godfrey, Illinois with lawn care.

    5402 Woodland Meadows Dr, Godfrey, IL 62035
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    Mixed-Use Property with Income Potential
    $199,000
    4,608 SF

    Mixed-Use Property with Income Potential

    Mixed-use property featuring residential and commercial income opportunities.

    1348 Madison Ave, Madison, IL 62060
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    Residential Land in St Louis
    Contact for pricing
    0.11 Acres

    Residential Land in St Louis

    Residential land available in St Louis, Missouri.

    5225 Conde St St, Louis, MO 63107
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    Residential Land in Stone Bridge Estates
    $34,900

    Residential Land in Stone Bridge Estates

    Large, flat residential lots perfect for building a dream home.

    48 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Land with Mobile Home, Garage
    $199,900
    10.12 Acres

    Land with Mobile Home, Garage

    10.12 acres with mobile home and detached garage.

    25379 Joe Knight Rd, Dow, IL 62022
    View details
    Four-Unit Commercial Building in Peoria
    $570,000
    4,700 SF

    Four-Unit Commercial Building in Peoria

    Four-unit commercial building with state contract leases and vacancies.

    1115 N North St, Peoria, IL 61606
    View details
    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Large, flat residential lots perfect for building your dream home.

    33 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Alton Development Site Opportunity
    $350,000
    18.00 Acres

    Alton Development Site Opportunity

    18 acres near 255 access and Homer Adams Parkway.

    Humbert Rd, Alton, IL 62002
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    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Large, flat residential lots available in Stone Bridge Estates.

    46 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Wood River Commercial Land Opportunity
    $499,000
    11.05 Acres

    Wood River Commercial Land Opportunity

    11.05 acre commercial building site with high visibility.

    2201 Old Alton Edwardsville Rd, Wood River, IL 62095
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    Residential Land in Alton, Illinois
    $60,000
    5.00 Acres

    Residential Land in Alton, Illinois

    5-acre lot suitable for building a dream home.

    3937 Torch Club Rd, Alton, IL 62002
    View details
    Residential Land in Golden Eagle, IL
    $55,000
    0.58 Acres

    Residential Land in Golden Eagle, IL

    Residential land for sale in Winneberg Estates, Golden Eagle.

    207 Winneberg Rd, Golden Eagle, IL 62036
    View details
    Residential Land in Golden Eagle
    $85,000
    1.39 Acres

    Residential Land in Golden Eagle

    Residential land for sale in Golden Eagle, Illinois.

    79 Riverview Dr, Golden Eagle, IL 62036
    View details
    Historic Commercial Property in Jerseyville
    $209,900
    4,276 SF

    Historic Commercial Property in Jerseyville

    Two-story, 4,300 sq ft commercial property on 0.73 acres.

    108 N Liberty St, Jerseyville, IL 62052
    View details
    Mixed-Use Property with Income Potential
    $93,500
    2,555 SF

    Mixed-Use Property with Income Potential

    Unique live-work property with commercial space and apartments.

    602 Wood River Ave, Wood River, IL 62095
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    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Large, flat lots perfect for building your dream home.

    42 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Residential Land in Aviston, Illinois
    $92,900
    3.68 Acres

    Residential Land in Aviston, Illinois

    3.68 acre lot in Absolute Estates, Aviston, Illinois.

    4650 Wyatt Way, Aviston, IL 62216
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    Residential Lot in The Oaks
    $45,000
    0.29 Acres

    Residential Lot in The Oaks

    Residential building lot in a quiet, maintained subdivision.

    5404 Woodland Meadows Dr, Godfrey, IL 62035
    View details
    Residential Lot in Quiet Subdivision
    $45,000
    0.29 Acres

    Residential Lot in Quiet Subdivision

    Residential building lot with lawn care and snow removal.

    1403 Ryan Dr, Godfrey, IL 62035
    View details
    Springfield Duplex with Garage
    $299,000
    2,305 SF

    Springfield Duplex with Garage

    Income-producing duplex with attached garage in Springfield, Missouri.

    3710-3712 W Sylvania St, Springfield, MO 65807
    View details
    Granite City Income-Producing Duplex
    $105,000
    2,086 SF

    Granite City Income-Producing Duplex

    Income-producing duplex in Granite City, Illinois, with month-to-month leases.

    2824 E 24Th St, Granite City, IL 62040
    View details
    East Alton Retail/Office Buildings
    $400,000
    39,000 SF

    East Alton Retail/Office Buildings

    Two brick buildings totaling 39,000 SF on 3.3 acres.

    655 Berkshire Blvd, East Alton, IL 62024
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    Residential Land in Developing Subdivision
    Contact for pricing

    Residential Land in Developing Subdivision

    Residential land for sale in Jerseyville, close to City Park.

    1 N June St, Jerseyville, IL 62052
    View details
    Residential Land in Golden Eagle
    Contact for pricing
    0.39 Acres

    Residential Land in Golden Eagle

    Residential land for sale in Golden Eagle, Illinois.

    8 Quarry Ct, Golden Eagle, IL 62036
    View details
    Land in Winneberg Estates
    Contact for pricing
    1.42 Acres

    Land in Winneberg Estates

    Residential land for sale in Golden Eagle, Illinois.

    47 Herter Dr, Golden Eagle, IL 62036
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    Residential Lot in Godfrey, IL
    Contact for pricing

    Residential Lot in Godfrey, IL

    Residential lot available in Summerfield Subdivision, Godfrey, Illinois.

    3 Summerfield Ln, Godfrey, IL 62035
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    Residential Land in Stone Bridge
    $34,900

    Residential Land in Stone Bridge

    Large, flat lots perfect for building your dream home.

    44 Witt Mill Rd, Jerseyville, IL 62052
    View details
    Profitable Bar with Beer Garden
    $250,000
    2,082 SF

    Profitable Bar with Beer Garden

    Established bar business with fixtures, inventory, and beer garden.

    22817 Miller Lake Rd, Jerseyville, IL 62052
    View details
    Residential Land in Golden Eagle
    $39,000
    2.07 Acres

    Residential Land in Golden Eagle

    Residential land for sale in Golden Eagle, Illinois.

    1 Eagle Crest Ln, Golden Eagle, IL 62036
    View details
    Residential Land in Golden Eagle
    Contact for pricing
    1.39 Acres

    Residential Land in Golden Eagle

    1.39 acre residential land for sale in Golden Eagle, IL

    56 Winneberg Rd, Golden Eagle, IL 62036
    View details
    Residential Land in Golden Eagle
    Contact for pricing
    0.98 Acres

    Residential Land in Golden Eagle

    Residential land for sale in Golden Eagle, Illinois.

    49 Herter Dr, Golden Eagle, IL 62036
    View details
    Residential Land in Golden Eagle
    Contact for pricing
    2.07 Acres

    Residential Land in Golden Eagle

    2.07 acre residential land for sale in Golden Eagle, IL.

    1 Eagle Crest Ln, Golden Eagle, IL 62036
    View details
    Granite City Commercial Office Building
    $199,000
    2,624 SF

    Granite City Commercial Office Building

    Commercial building in Granite City, suitable for medical or office.

    2412 Corporate Ctr, Granite City, IL 62040
    View details
    Land in Azalea Gardens Condominiums
    $279,000

    Land in Azalea Gardens Condominiums

    Land available in Azalea Gardens Condominiums community.

    4803 Azalea Pl, Godfrey, IL 62035
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    Residential Land in Golden Eagle
    Contact for pricing
    1.19 Acres

    Residential Land in Golden Eagle

    Residential land available for new home construction in Golden Eagle.

    48 Herter Dr, Golden Eagle, IL 62036
    View details
    Residential Land in Golden Eagle
    Contact for pricing
    1.08 Acres

    Residential Land in Golden Eagle

    Residential land for sale in Winneberg Estates, Golden Eagle.

    48 Herter Dr, Golden Eagle, IL 62036
    View details
    Residential Land in Golden Eagle, IL
    Contact for pricing
    0.98 Acres

    Residential Land in Golden Eagle, IL

    Residential land for sale in Golden Eagle, Illinois.

    49 Herter Dr, Golden Eagle, IL 62036
    View details
    Residential Land in Golden Eagle, IL
    Contact for pricing

    Residential Land in Golden Eagle, IL

    Land for sale in Winneberg Estates, Golden Eagle, IL.

    70 Riverview Dr, Golden Eagle, IL 62036
    View details
    Brighton, IL Farm For Sale
    $832,500
    45.71 Acres

    Brighton, IL Farm For Sale

    45.71 acre farm in Brighton, Illinois for sale.

    Brown Rd, Brighton, IL 62012
    View details
    Residential Land in Woodcliffe Subdivision
    $87,500
    3.43 Acres

    Residential Land in Woodcliffe Subdivision

    3.43-acre parcel ready for your dream home.

    1300 Woodcliffe Dr, Alton, IL 62002
    View details
    Grafton Commercial Property on Main
    $429,000
    1,600 SF

    Grafton Commercial Property on Main

    Turn-key commercial property on Main Street in Grafton, Illinois.

    222 E Main St, Grafton, IL 62037
    View details
    Turnkey Income Property in Bethalto
    $225,000
    2,520 SF

    Turnkey Income Property in Bethalto

    Well-maintained 3-unit property with immediate cash flow potential.

    411 Sheridan St, Bethalto, IL 62010
    View details
    Established Bar and Beer Garden
    Contact for pricing
    2,082 SF

    Established Bar and Beer Garden

    Profitable bar with beer garden, fixtures, and inventory included.

    22817 Miller Lake Rd, Jerseyville, IL 62052
    View details

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    Landmark Realty Godfrey
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Landmark Realty Godfrey
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