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Property profile

1701 Old Park Ln Belleville, IL 62226

OFF-MARKET
Land
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

1701 Old Park Ln Belleville, IL 62226
Belleville 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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