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    109 State Rte Jerseyville, IL

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    For Sale
    Contact for pricing

    Level land parcel with frontage on Route 109.

    Lot size:
    5.00 Acres

    Property Features for 109 State Rte

    General Information

    Lot size
    5.00 Acres
    Source: Moodyscre

    Listing Agent: Scott Reichmann

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

    Overview

    Land Parcel on Route 109

    This level, rectangular land parcel offers frontage on Route 109, measuring 289 feet wide and 674 feet deep. The site would require minimal grading. Utilities are located adjacent to the property on the sides and along the front on Route 109. A recently constructed apartment-style building is situated to the west of the property.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Jerseyville
    County
    Jersey
    State
    Illinois
    Longitude
    -90.434838
    Latitude
    38.9683817

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    FAQs

    What type of property is this?
    Land - Level land parcel with frontage on Route 109.
    Where is this land located?
    The property is located at 109 State Rte Jerseyville, IL.
    What are key features of this property?
    This property features: - Level, flat, rectangular site requiring minimal grading.; - **289' Frontage on Route 109.**; - Utilities are adjacent to the property.
    (618) 277-4400
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    Jerseyville, IL
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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
    109 State Rte Jerseyville, IL
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