Property profile

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

OFF-MARKET
Land
23.4 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 23.4 ac (1,019,304 SF)

Cap rate & NOI

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

Location

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