4010 Illinois St Swansea, IL 62226
- Commercial real estate
- 2,652 SF
- 0.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4010 Illinois St
- Year built
- 1989
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 2,652 SF
- Property type
- Commercial real estate
- APN
- 08-04-0-210-028
- APU
- 8040210028
Description
This exceptional single-story executive office building, located at 4010 North Illinois in Swansea, Illinois, presents a fantastic investment opportunity. The property, situated on a 0.06-acre lot, boasts a total of 5,304 square feet, with 4,344 square feet currently vacant and ready for immediate occupancy. The building, constructed in 1989, features attractive 9' 10" ceilings and is zoned for Planned Business use. Multiple tenancy options are available, with spaces ranging from a minimum of 1,692 square feet up to a maximum contiguous space of 2,652 square feet, providing flexibility for various business needs. The property's convenient location in Swansea, Illinois (zip code 62226), offers easy access to major transportation routes and amenities. The property's APN is 08-24.0-210-028, and it's situated in St. Clair County. This is an excellent chance to acquire a well-maintained office building in a desirable location, perfect for owner-occupancy or investment purposes. The building's single-story design and ample square footage offer significant potential for customization and expansion. Don't miss this opportunity to secure a prime commercial property in a thriving market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $595,000
- 6.5%
- $525,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $625,000
- Geo Method
- $485,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $545,000
- Mixed-Use
- $625,000
- Hospitality
- $525,000
- Educational
- $560,000
- Residential Income
- $645,000
- Energy
- $550,000
- Income-Based Land
- $575,000
- Food Service
- $480,000
Location Insight
- Map
- Local Demand
- City
- Swansea
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9842
- Latitude
- 38.5641
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA