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    2004 2Nd St Fayetteville, IL 62258

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

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2004 2Nd St

    Lot size
    1.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional investment opportunity encompasses a substantial 1-acre commercial property located at 2004 2nd Street, Fayetteville, Illinois. The property boasts an impressive 283 feet of frontage along Illinois Route 15, ensuring high visibility and accessibility for any business. This strategic location offers significant potential for a variety of commercial ventures. The sale includes six separate parcels (19-08.0-118-008, 19-08.0-118-019, 19-08.0-118-012, 19-08.0-118-011, and 19-08.0-118-010), providing a diverse range of development possibilities. The land is comprised of three residential lots and five commercial lots, presenting a unique opportunity for mixed-use development or individual lot sales. The asking price for this expansive property is $350,000. This is a rare chance to acquire a significant land holding in a desirable location with excellent road frontage, making it an ideal investment for both established businesses and new ventures seeking a strong foothold in the Fayetteville market. Don't miss this chance to secure a prime piece of Fayetteville real estate.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    St Clair-IL
    State
    Illinois
    Longitude
    -89.7936
    Latitude
    38.3776

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    2004 2Nd St
    Fayetteville, IL 62258
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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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