Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 Coventry Ct. Fairview Heights, IL 62208

    View on Map
    Picture of Residential land & home lots at 0 Coventry Ct., Fairview Heights, IL
    For Sale
    $140,000

    Land - Fairview Heights, IL

    Lot size:
    10.50 Acres
    Added:
    Jan 19, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 6 at 2:06 pm

    Property Features for 0 Coventry Ct.

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    03-19.0-208-001,03-19.0-208-002
    Lot size
    10.50 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    700

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Janet Freed
    Janet Freed

    Listing agent Janet Freed License #475133105

    Listing office Re/Max Signature Properties 3512 Lebanon Ave, Ste. C, Mascoutah, IL

    Listing date Jan 19, 2026

    MLS# 26003494 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land in Fairview Heights

    Eleven parcels of land, totaling approximately 10.5 acres, are available for sale together. These parcels are platted and recorded with St. Clair County Mapping and Platting. The lots have not been cleared of trees. There are currently no utilities available, and no road is in place for these parcels. A primary feature of this property is the absence of restrictions and a Homeowners Association. Prospective buyers have the opportunity to create a custom house plan, submit it for approval through the Fairview Municipality, and construct a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.0039
    Latitude
    38.5952

    Nearby Similar for Sale

    • $312,000
      2,700 SF

      Retail Building with High Traffic

      2700 SF retail building with high traffic location.
      10099 Lincoln Trail, Fairview Heights, IL 62208
      View Details
    • $225,000
      1,257 SF

      Fairview Heights Retail Opportunity

      Retail property in high-traffic area near major retailers.
      5105 N Illinois Street, Fairview Heights, IL 62208
      View Details
    • $199,000
      1,540 SF

      Fairview Heights Car Wash Business

      Self-serve car wash with 4 bays on a busy highway.
      9509 Saint Clair Avenue, Fairview Heights, IL 62208
      View Details
    • $39,900

      Stonewolf Subdivision Wooded Homesite

      One-acre wooded lot in Stonewolf Subdivision, build your dream home.
      1078 Blackwolf Court, Fairview Heights, IL 62208
      View Details
    • $19,000

      Residential Lot in Marko Villa

      Spacious .21-acre residential lot in Fairview Heights, Illinois.
      204 Pamona Drive, Fairview Heights, IL 62208
      View Details
    • $25,000

      Residential Building Lot in Fairview Heights

      Residential building lot with utilities and R4 zoning.
      114 Ashland Avenue, Fairview Heights, IL 62208
      View Details
    • $950,000
      12,500 SF

      Fairview Heights Retail Investment Opportunity

      12,500 SF retail property with high occupancy and CAP rate.
      10251 Lincoln Trl, Fairview Heights, IL
      View Details
    • $750,000
      7,820 SF

      Mixed-Use Property in Fairview Heights

      5,940 SF building with office, warehouse, and showroom space.
      5515 Old Collinsville Rd, Fairview Heights, IL
      View Details
    • $139,900
      1,680 SF

      Fairview Heights Office Space Available

      1,680 SF office space for lease in Fairview Heights.
      10326 Lincoln Trl, Fairview Heights, IL
      View Details
    • $3,500,000
      14,295 SF

      Renovated Showroom and Service Center

      Recently renovated showroom and service center with high traffic visibility.
      501 Salem Pl, Fairview Heights, IL
      View Details
    • $2,200,000
      5,896 SF

      Restaurant Building with High Visibility

      Second-generation restaurant with existing FF&E, ample parking, and signage.
      6900 N Illinois St, FAIRVIEW HEIGHTS, IL
      View Details
    • $725,000
      2,400 SF

      Retail Space in Main Corridor

      Well-maintained retail space near Schnucks and St. Clair Square Mall.
      513 Lincoln Hwy, Fairview Heights, IL
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 10.5 acres of residential land with no HOA or restrictions.
    Where is this residential land & home lot located?
    The property is located at 0 Coventry Ct. Fairview Heights, IL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Approximately 10.5 acres of land.; No HOA or restrictions.; **Build your dream custom home with approved plans.**
    (618) 726-2123
    We can help!
    Listing Contact
    Janet Freed
    Janet Freed
    Real Estate License ID: 475133105
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!