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    Property profile & analytics

    1814 Illinois St Swansea, IL 62226

    • Commercial real estate
    • 0.42 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1814 Illinois St

    Lot size
    0.42 lot acres
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Swansea
    County
    St Clair-IL
    State
    Illinois
    Longitude
    -89.984
    Latitude
    38.5348

    Comparable in this City

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      0.27 Acres

      4101 Belt W

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    • Value Estimation by Request
      0.27 Acres

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    1814 Illinois St
    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
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