4510 N Illinois Street, Swansea, IL 62226
Strip malls
- Added:
- Oct 16, 2025
- Days on Market:
- 255
- Last Refresh:
- Mar 19 at 9:05 pm
Property Features for 4510 N Illinois Street
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.96 Acres
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2003
Listing office Coldwell Banker Brown Realtors
Listing date Oct 16, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Brown Realtors
HighLights
- 6,000 SF building with four 1,500 SF units.
- Additional 1.51‑acre developed lot approved for 9 more units.
- Located on .96 acres.
- Signage on Smelting Works (95' Frontage) and Route 159.
- Built in 2003.
- Seller is willing to split the building and developed lot.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.6k | $15.60 |
| − Vacancy | −$8.0k | −$1.33 |
| EGI | $85.6k | $14.27 |
| − OpEx | −$25.7k | −$4.28 |
| NOI | $60.0k | $9.99 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Swansea
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9827429
- Latitude
- 38.5693062
