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Property profile & analytics

101 Alton St Marine, IL 62061-1040

  • Commercial real estate
  • 2,024 SF
OFF-MARKET
Value Estimation
$170,000
Last Sale
May 02, 2025
$180,000
Location Intelligence
Property ID
US28-1180720
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Kelly Tracy Apparel & Design / Custom T-Shirt Store / T-Shirt Company

Property Details for 101 Alton St

Year built
1960
Property size
2,024 SF
Property type
Commercial real estate
APN
06-2-17-16-14-301-014-001
APU
62171614301014001

Description

This exceptional commercial property in downtown Marine, IL, presents a remarkable investment opportunity. Situated across from the town park, the main building offers approximately 2,800 square feet of versatile space, previously used as a retail shop. Its layout includes ample room for offices, storage, and workstations, enhanced by large display windows and two convenient entrance doors. The building benefits from recent upgrades, including plumbing (2016), electrical (2019), and an air conditioning system (including ductwork) replaced approximately eight years ago. A sizable basement, partially finished, provides additional storage capacity. A second building, totaling approximately 3,500 square feet, features a propane-fueled furnace and two expansive garages, each measuring approximately 20 feet wide and 41 feet deep. Previously utilized as a repair shop, these garages offer significant potential for various uses, including storage units. The property sits on a 0.16-acre lot. The combined square footage and diverse layout of these two buildings offer endless possibilities for a wide range of commercial ventures. Priced at $200,000, this property represents a compelling opportunity for significant return on investment.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $170,000
  • CAP approach

    CAP return
    Estimation
    6%
    $170,000
    6.5%
    $150,000
    7%
    $170,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $140,000
    Geo Method
    $140,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $200,000
    Retail
    $145,000
    Mixed-Use
    $190,000
    Hospitality
    $160,000
    Educational
    $150,000
    Residential Income
    $190,000
    Energy
    $160,000
    Income-Based Land
    $175,000
    Food Service
    $175,000

Location Insight

  • Map
  • Local Demand
City
Marine
County
Madison
State
Illinois
Longitude
-89.7774
Latitude
38.7902
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$1,191
$3,170
$11,510
$14,680
-
$9,520
$34,565
$44,085
More about this property
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