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    8 Park Pl Swansea, IL 62226

    Sponsored
    For Lease
    $14 SF/Yr ($3,500 /Mo)

    Prime Swansea Office Space: 3,000 sq ft, Single Tenant

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional opportunity to lease a 3,000-square-foot office building situated on a 6.86-acre lot at 8 Park Place in Swansea, Illinois. This single-tenant property, built in 1988, is a two-story building offering a flexible layout ideal for various business needs. The space includes seven private offices, two open work areas, adaptable cubicles, a convenient kitchenette, ample storage, and a restroom. The building boasts abundant on-site parking, a significant advantage for employees and clients. Located in a quiet, well-maintained office park, this property provides a professional and productive work environment. The space is currently entirely vacant, presenting a blank canvas for customization. A special incentive is available: two months of free rent are offered with a three-year lease, and a tenant improvement allowance is available for qualified tenants. The property's address is 8 Park Place, Swansea, IL 62226, and its APN is 08160202025. This Swansea, IL location offers easy access to local amenities and transportation routes. Don't miss this chance to secure this exceptional office space.

    Property Features for 8 Park Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Total Rate
    3500

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $14

    HighLights

    • 1,060‑3,000 SF of office space available.
    • Seven private offices, two large open work areas, built‑in cubicles, kitchenette, and multiple storage closets.
    • Located in a well‑maintained private office park.
    • Two months free rent offered with a three‑year lease.
    • Tenant improvement allowance available for qualified tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Swansea
    County
    St Clair
    State
    Illinois
    Longitude
    -89.985955510826
    Latitude
    38.540226652744

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Swansea Office Space: 3,000 sq ft, Single Tenant
    Where is this office property / space located?
    The property is located at 8 Park Pl Swansea, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 1,060-3,000 SF of office space available.; Seven private offices, two large open work areas, built-in cubicles, kitchenette, and multiple storage closets.; Located in a well-maintained private office park.
    Request Owner's contact information
    8 Park Pl 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
    8 Park Pl Swansea, IL 62226
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