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    4632 State Route 4 Mascoutah, IL 62258

    View on Map
    Sponsored
    For Sale
    Under Contract
    $280,000

    Ranch, Farm - Mascoutah, IL

    Type:Farm
    Property size:
    1,920 SF
    Lot size:
    5.09 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 9 at 1:06 pm

    Property Features for 4632 State Route 4

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Standard status
    Active Under Contract
    Security features
    Fire Alarm
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Laundry
    Bedrooms
    3
    Bathrooms
    2
    APN
    19-05.0-300-029
    Interior features
    Ceiling Fan(s), Kitchen Island, Laminate Counters, Open Floorplan, Separate Shower, Tub
    Exterior features
    Entry Steps/Stairs, Kennel, Private Yard, Rain Gutters
    Fireplace
    1
    Size
    1,920 SF
    Lot size
    5.09 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air, Propane (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2000
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Judy Ross
    Judy Ross

    Southern Illinois Realty, LLC (618) 233-1101

    Listing agent Judy Ross (618) 792-8088 License #471.019568

    Listing date Mar 8, 2026

    MLS# 26008483 Listing URL

    Copyright © 2026 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    5+ Acre Country Living Property

    This 5+ acre property features a 1,944 sq. ft. manufactured home and multiple outbuildings. The home includes new luxury vinyl plank flooring and a family room with a wood-burning fireplace, open to the kitchen. A sliding glass door provides access to a large deck with a hot tub. The kitchen features a center island, pantry, refrigerator, dishwasher, microwave, and gas range, and opens to the dining room and living room. The primary suite includes a large bedroom and a remodeled bathroom with new flooring, a separate shower, and a soaking tub. There are two additional bedrooms and another full bath. Updates include a 2-year-old roof, a 6-month-old water heater, and new water pipes in the crawl space. A 40' x 30' barn includes concrete flooring, water, 100-amp electrical service, and a 12' overhead door. Commercial fencing runs along one side of the barn with an additional large fenced area across from it. A 20' x 40' outbuilding includes 100-amp electrical service, an insulated ceiling, and a mini-split system for heating and cooling. The property is located in Mascoutah, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Canine Five LLC Animal Training

    Suggested Use

    Building Supply Auto Repair Shop Bar & Pub Garden Center Car Rental Facility Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mascoutah
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.793905
    Latitude
    38.387124

    Nearby Similar for Sale

    • $425,000
      3,838 SF

      Mixed-Use 4-Plex in Downtown Mascoutah

      Mixed-use 4-plex with commercial and residential income potential.
      108-110 E Main St, Mascoutah, IL 62258
      View Details
    • $425,000
      0.06 Acres

      Mixed-Use 4-Plex in Downtown Mascoutah

      Mixed-use 4-plex with income potential in downtown Mascoutah.
      108-110 E Main St, Mascoutah, IL 62258
      View Details

    FAQs

    What type of property is this?
    Farm - Spacious home with outbuildings perfect for hobbies or storage.
    Where is this farm located?
    The property is located at 4632 State Route 4 Mascoutah, IL.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - 5+ acre property with barn and outbuilding, ideal for hobbies, animals, or storage.; - **40' x 30' barn with concrete flooring, water, 100-amp electrical service, and 12' overhead door.**; - 20' x 40' outbuilding with 100-amp electrical service, insulated ceiling, and mini-split system for heating and cooling.
    (618) 789-4379
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    4632 State Route 4 Mascoutah, IL 62258
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    Mascoutah, IL 62258
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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
    4632 State Route 4 Mascoutah, IL 62258
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    We can help!
    Listing Contact
    Judy Ross
    Judy Ross
    Real Estate License ID: 471.019568
    (618) 789-4379 (618) 233-1101 (618) 792-8088
    Learn more
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