1701 Old Park Ln Belleville, IL 62226
Discover an exceptional investment opportunity: The Villas at Cobblestone Park, a meticulously planned gated community in Swansea, Illinois, featuring 41 improved residential lots ideally suited for single-family homes and villas. This prime piece of land presents a unique chance to acquire a substantial portfolio of buildable lots in a highly desirable area. The community boasts a convenient location, just minutes from Interstate 64, providing easy access to major transportation routes. Residents will also appreciate the close proximity to St. Clair Square, offering a variety of shopping and dining options. The HOA manages exterior maintenance, ensuring hassle-free living for future homeowners. Each lot is ready for development, presenting a streamlined path to construction and immediate revenue generation. The property is zoned for residential use, ensuring compliance and facilitating a smooth building process. This is a rare opportunity to acquire a significant land holding in a thriving community, offering both immediate and long-term investment potential. The asking price for the entire property is $1,230,000. The address is 1701 Old Park Ln, Swansea, IL 62226.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.