Financial
Distress signals
Property profile

1604 N Illinois St Swansea, IL 62226

FOR SALE
Other industrial properties
Property ID
US28-0028139
15,000 SF 2.03 ac lot Built 1986
Last sale Nov 2021 · $800,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property portfolio consists of five parcels totaling 3.86 acres and includes three buildings totaling 23,802 square feet. One 15,000-square-foot building is configured as a combined retail, office, and warehouse space, with a showroom, a fenced yard, and an overhead drive-in door. A second 4,260-square-foot building provides a large open retail area along with two storage rooms and restrooms. A third 4,542-square-foot building is part of the overall site as well. The site has 615 feet of

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value$210k
Assessed land$27k
Assessed improvement$182k
Effective rate8.55%

Value estimate

· Sep 2026
$555k
$500k – $611k
AI approach$465k
Sales comparison$586k
NOI build-up
Gross scheduled income$231k
Vacancy & credit loss−$13k
Operating expenses−$66k
NOI · 7.65% cap applied$153k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$46/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$28 – $58

Cap rate analysis

How does the asset earn?
7.65%
$153k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.1
Furniture Store10.2
Storage Facility10.2

Location

1604 N Illinois St Swansea, IL 62226
County assessor Recorded deeds · 15 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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