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    Property profile & analytics

    1604 N Illinois St Swansea, IL 62220

    • Industrial properties
    • 15,000 SF
    • 2.03 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US28-0028139
    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

    • Industrial properties

    Property Details for 1604 N Illinois St

    Year built
    1986
    Construction
    STEEL FRAME
    Lot size
    2.03 lot acres
    Property size
    15,000 SF
    Property type
    Industrial properties
    APN
    08-16-0-407-007
    APU
    8160407007

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Swansea
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9845
    Latitude
    38.5319
    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
    $17,918
    $27,208
    $182,327
    $209,535
    -
    $81,624
    $546,981
    $628,605

    Comparable in this City

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      1,774 SF

      4203 Main St

      INDUSTRIAL (GENERAL) • 1,774 SF
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    • Value Estimation
      $1,090,000
      50,617 SF

      21st N Dr

      INDUSTRIAL (GENERAL) • 50,617 SF
      21st N Dr, Belleville, IL 62226
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    • Value Estimation
      $300,000
      1.56 Acres

      501 17th St

      INDUSTRIAL (GENERAL) • 1.56 Acres
      501 17th St, Belleville, IL 62226
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    • Value Estimation
      $80,000
      1,280 SF

      21 Halsted Dr

      INDUSTRIAL (GENERAL) • 1,280 SF
      21 Halsted Dr, Belleville, IL 62226
      View Details
    • Value Estimation by Request
      9,775 SF

      3525 Main St

      INDUSTRIAL (GENERAL) • 9,775 SF
      3525 Main St, Belleville, IL 62226-6222
      View Details

    Similar Nearby for Sale

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      Swansea Warehouse - $1.3M

      15,000 SF Warehouse, 2.37 Acres, High Visibility
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    • Contact for pricing
      10.76 Acres

      Prime 10.76 Acre Commercial Land

      Belleville, IL: Development-Ready Commercial Lot
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    • $699,000
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      Prime Commercial Land in Swansea, IL

      2.47 Acres, Planned Business Zoning
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    • $1,430,000
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      Single-Tenant Office Building Near SAFB

      8,960 SF office building leased through 2030 near SAFB.
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    Similar Nearby for Lease

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    • $4 SF/Yr
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    • $700 /Mo

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      6,000 SF

      Former Restaurant Space For Lease

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    • $14 SF/Yr
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      Prime Swansea Office Space: 3,000 sq ft, Single Tenant
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      View Details
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    1604 N Illinois St
    Swansea, IL 62220
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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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