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    Property profile & analytics

    108 State St Freeburg, IL 62243-1462

    • Grocery and convenience stores
    • 3,230 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US28-1411055
    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

    • Freeburg Liquor / Liquor Store
    • ATM / Atm

    Property Details for 108 State St

    Year built
    1982
    Lot size
    0.27 lot acres
    Property size
    3,230 SF
    Property type
    Grocery and convenience stores
    APN
    14-19-0-451-010
    APU
    14190451010

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Freeburg
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9093
    Latitude
    38.4248
    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
    2023
    $5,499
    $13,133
    $51,708
    $64,841
    -
    $39,399
    $155,124
    $194,523

    Comparable in this City

    • Value Estimation by Request
      2,790 SF

      105 State St

      CONVENIENCE STORE • 2,790 SF
      105 State St, Freeburg, IL 62243-1245
      View Details
    • Value Estimation
      $530,000
      3,250 SF

      751 State St

      CONVENIENCE STORE • 3,250 SF
      751 State St, Freeburg, IL 62243-1560
      View Details
    • Value Estimation
      $425,000
      3,444 SF

      800 State St

      CONVENIENCE STORE • 3,444 SF
      800 State St, Freeburg, IL 62243-4004
      View Details
    • Value Estimation
      $170,000
      1,848 SF

      311 State St

      FINANCIAL BUILDING • 1,848 SF
      311 State St, Freeburg, IL 62243-1518
      View Details
    • Value Estimation
      $395,000
      2,174 SF

      500 State St

      FINANCIAL BUILDING • 2,174 SF
      500 State St, Freeburg, IL 62243-1206
      View Details
    • Value Estimation
      $395,000
      2,449 SF

      701 Mdw Brk Dr

      FINANCIAL BUILDING • 2,449 SF
      701 Mdw Brk Dr, Freeburg, IL 62243
      View Details

    Similar Nearby for Sale

    • $485,000
      10,920 SF

      Freeburg Warehouse: $485,000

      10,920 SF Warehouse, Vacant, I-2 Zoning
      5 Commerce Dr, Freeburg, IL 62243
      View Details
    • $37,500

      Residential Land in Freeburg, IL

      Residential land for building a home in Freeburg, Illinois.
      Hickory Dr, Freeburg, IL 62243
      View Details
    • $400,000

      New Home in Meadow Pines

      New single-family home with basement in a country setting.
      440 Foxtail Dr, Freeburg, IL 62243
      View Details
    • $65,000
      0.27 Acres

      Residential Lot in Meadow Pines

      Ready-to-build lot with utilities in Meadow Pines Subdivision.
      433 Foxtail Dr, Freeburg, IL 62243
      View Details
    • Contact for pricing
      0.29 Acres

      Residential Land in Freeburg, IL

      Corner lot in established Freeburg subdivision, ideal for building.
      103 Draco Dr, Freeburg, IL 62243
      View Details
    • $764,400
      24.87 Acres

      15 State St Rte

      Farms • 24.87 Acres
      15 State St Rte, Freeburg, IL 62243
      View Details
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    108 State St
    Freeburg, IL 62243-1462
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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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