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    Property profile & analytics

    State St Rte 15 Freeburg, IL 62243

    • Land
    • 24.87 lot acres
    For Sale
    View listing
    $764,400
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 State St Rte 15

    Lot size
    24.87 lot acres
    Property type
    Land
    Property subtype
    Farms

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Freeburg
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.909
    Latitude
    38.4265

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      1207 State St

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      203 State St

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      203 State St, Freeburg, IL 62243-1440
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    • Value Estimation
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      5,244 SF

      209 High St

      COMMERCIAL (GENERAL) • 5,244 SF
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      Deerfield Ct

      COMMERCIAL (GENERAL) • 13.62 Acres
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      11 Apple St

      COMMERCIAL (GENERAL) • 691 SF
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    Similar Nearby for Sale

    • $764,400
      24.87 Acres

      State St Rte 15

      Farms • 24.87 Acres
      0 State St Rte 15, Freeburg, IL 62243
      View Details
    • $500,000
      107.07 Acres

      Freeburg, IL Vacant Hunting Land

      107.07 acres of farmland and wooded hunting ground.
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    • Contact for pricing
      0.29 Acres

      Residential Land in Established Subdivision

      Corner lot in Freeburg, ready for your dream home.
      103 Draco Dr, Freeburg, IL 62243
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    • New
      Contact for pricing
      0.28 Acres

      Residential Lot in Freeburg, IL

      Level corner lot in established Freeburg subdivision, ideal for building.
      111 Willow Dr, Freeburg, IL 62243
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    • $65,000
      0.27 Acres

      Residential Lot in Meadow Pines

      Ready-to-build lot with utilities in Meadow Pines Subdivision.
      433 Foxtail Dr, Freeburg, IL 62243
      View Details
    • $37,500

      Residential Lot in Established Subdivision

      Residential lot in Freeburg, near park and village hall.
      Hickory Dr, Freeburg, IL 62243
      View Details
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    State St Rte 15
    Freeburg, IL 62243
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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
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