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1814 Illinois St Swansea, IL 62226

OFF-MARKET Commercial real estate Google Maps
0.42 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 0.42-acre commercial lot, situated at 1814 N Illinois Street in Swansea, Illinois, presents a remarkable opportunity for developers and investors. Priced affordably at $50,000, this property boasts a highly desirable location within a busy commercial corridor, ensuring excellent visibility and accessibility. The level lot is ready for immediate development, offering significant flexibility in design and construction. Plans could incorporate ample parking, either above or below ground, maximizing the property's utility. The possibility of a walk-out basement further enhances the potential for creating a versatile and functional space. This is an ideal site for a variety of commercial ventures, from retail establishments to office spaces, and its prime location promises strong returns on investment. The property's size and location make it an attractive proposition for those seeking a strategic foothold in a thriving commercial area. Don't miss this chance to acquire a highly sought-after development site in a dynamic and growing market. Act quickly, as opportunities like this are rare. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Commercial real estate
Lot 0.42 ac (18,295 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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