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    7300 St. Clair Ave East St. Louis, IL 62203

    Sponsored
    For Sale
    $225,000

    23.4 Acres of Agricultural Land in IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23.4-acre agricultural property, located at 7300 St. Clair Avenue in East St. Louis, Illinois, presents a unique investment opportunity. The land is primarily comprised of 22.9 acres of tillable farmland, ideal for cultivation, with an additional 0.5 acres of wooded area. The property is zoned for agricultural use, ensuring its suitability for various farming operations. Its convenient location in unincorporated St. Clair County offers easy access to major transportation routes, situated just 2 miles from the vital intersection of I-64 and I-57, facilitating efficient transport of goods and produce. The asking price for this expansive parcel is $225,000, translating to a price per acre of $9,615. The property's three parcel numbers are 02230305001, 02230305002, and 02230305003. With its strategic location, fertile land, and agricultural zoning, this property represents a compelling investment for agricultural entrepreneurs and land investors alike. The sale price per square foot is $0.22. The property's zip code is 62203.

    Property Features for 7300 St. Clair Ave

    General Information

    Property type
    Farms
    Lot Size
    1,019,304 SF

    HighLights

    • 22.9 acres of tillable farmland with 0.5 acres of wooded area.
    • Agricultural zoning.
    • Located in unincorporated St. Clair County.
    • Two miles from the I‑64/I‑57 interchange.
    • Sale price per square foot: $0.22.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    East St. Louis
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.0840215
    Latitude
    38.6005027

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    FAQs

    What type of property is this?
    Farm - 23.4 Acres of Agricultural Land in IL
    Where is this farm located?
    The property is located at 7300 St. Clair Ave East St. Louis, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 22.9 acres of tillable farmland with 0.5 acres of wooded area.; Agricultural zoning.; Located in unincorporated St. Clair County.
    Request Owner's contact information
    7300 St. Clair Ave East St. Louis, IL 62203
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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
    7300 St. Clair Ave East St. Louis, IL 62203
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