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    4700 Il-159 Glen Carbon, IL 62034

    Sponsored
    For Sale
    $165,000
    Added:
    Dec 11, 2024
    Days on Market:
    395

    Property Features for 4700 Il-159

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Neighborhood Commercial zoning for Lots 1 & 2.
    • Lot 1 has existing utilities.
    • High visibility with 18,400 vehicles passing daily.
    • Conveniently located 0.5 miles from Highway 270 and 2.5 miles from Highways 255 & 70.
    • Lot 1 offers 280 feet of frontage on State Route 159; Lot 2 offers 235 feet.
    • Individual or combined lot sale available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Glen Carbon
    County
    Madison
    State
    Illinois
    Longitude
    -89.955633
    Latitude
    38.748024

    Nearby Comparable

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    FAQs

    Where is this land located?
    The property is located at 4700 Il-159 Glen Carbon, IL.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Neighborhood Commercial zoning for Lots 1 & 2.; Lot 1 has existing utilities.; High visibility with 18,400 vehicles passing daily.
    Request Owner's contact information
    4700 Il-159 Glen Carbon, IL 62034
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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
    4700 Il-159 Glen Carbon, IL 62034
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