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    4000 Illinois Ln Swansea, IL 62226

    Sponsored
    For Sale
    $1,950,000

    33,378 SF Medical Office Building, $1.95M

    Property size:
    33,378 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 33,378-square-foot medical office building, located at 4000 North Illinois Lane in Swansea, Illinois, presents a compelling investment opportunity. Built in 1995 and extensively renovated in 2008, the single-story structure sits on a generous 5.1-acre lot and boasts ample parking with 154 spaces. The property is zoned HWY Business (Swansea, IL), offering flexibility for a variety of medical uses. Its strategic location offers convenient access to major transportation arteries, being approximately 2.5 miles south of I-64 at Exit 12. Furthermore, the building enjoys proximity to significant healthcare facilities, including St. Elizabeth's (HSHS) Hospital in O'Fallon and Memorial Hospital (BJC) in Shiloh, both within a 10-minute drive. The property's assessed parcel number (APN) is 08-04.0-210-059. The asking price for this well-maintained and strategically positioned medical office complex is $1,950,000. This represents a significant opportunity for investors seeking a high-value asset in a thriving healthcare market. The property's size, parking availability, and convenient location make it an ideal investment for expansion or consolidation within the medical field.

    Property Features for 4000 Illinois Ln

    General Information

    Property type
    Medical offices
    Square Feet
    33,378 SF
    Lot Size
    222,156 SF

    Building Details

    Year Built/Renovated
    1995/2008
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Swansea
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9829747
    Latitude
    38.5638938

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    FAQs

    What type of property is this?
    Medical office - 33,378 SF Medical Office Building, $1.95M
    Where is this medical office located?
    The property is located at 4000 Illinois Ln Swansea, IL.
    What is the asking price?
    The asking price for this property is $1,950,000.
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    4000 Illinois Ln Swansea, IL 62226
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    Swansea, IL 62226
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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
    4000 Illinois Ln Swansea, IL 62226
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