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    1604 N Illinois St Swansea, IL 62220

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    For Sale
    Contact for pricing

    Portfolio with retail, office, and warehouse spaces on 3.86 acres.

    Property size:
    23,802 SF
    Lot size:
    3.64 Acres

    Property Features for 1604 N Illinois St

    General Information

    Size
    23,802 SF
    Lot size
    3.64 Acres

    Source: BARBERMurphy Agent Matt Barriger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Portfolio on Illinois Route 159

    This portfolio comprises five parcels situated on 3.86 acres, featuring three buildings totaling 23,802 square feet. The property includes a 15,000 square foot building with a retail, office, and warehouse combination, a fenced yard, an overhead drive-in door, and a showroom. An additional 4,260 square foot building offers a large, open retail area, two storage rooms, and restrooms. The seller intends to lease back a 4,542 square foot building. A 15,000 square foot building and a 4,260 square foot building are currently vacant and available for lease or occupancy. The property benefits from 615 feet of frontage on Illinois Route 159 (N Illinois St), a primary north-south thoroughfare.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Clothing Store Building Supply Gym & Fitness Accounting Firm Auto Repair Shop Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Swansea
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9831026
    Latitude
    38.493406

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    FAQs

    What type of property is this?
    Retail space - Portfolio with retail, office, and warehouse spaces on 3.86 acres.
    Where is this retail space located?
    The property is located at 1604 N Illinois St Swansea, IL.
    What are key features of this property?
    This property features: - 3.86 acre portfolio with 3 buildings totaling 23,802 SF.; - **Vacant 15,000 SF building (retail/office/warehouse) ready to lease/occupy.**; - Located on Illinois 159 with 615' of frontage.
    (618) 277-4400
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    1604 N Illinois St Swansea, IL 62220
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    Swansea, IL 62220
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    Realmo Value Estimation

    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.

    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.

    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
    1604 N Illinois St Swansea, IL 62220
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