Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    211 Hillsboro Ave Edwardsville, IL 62025-1623
    Property profile & analytics

    211 Hillsboro Ave Edwardsville, IL 62025-1623

    View on Map
    • Office Spaces
    • 1,449 SF
    • 0.14 lot acres
    Off-Market
    Property ID
    US28-0533979
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chiropractic Care Center / Alternative Medicine Practice
    • Dr. Robert Devine / Alternative Medicine Practice

    Property Details for 211 Hillsboro Ave

    Year built
    1975
    Lot size
    0.14 lot acres
    Property size
    1,449 SF
    Property type
    Office Spaces
    APN
    14-2-15-11-11-201-013
    APU
    142151111201013

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9554
    Latitude
    38.8139
    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
    $4,244
    $13,490
    $44,460
    $57,950
    -
    $40,511
    $133,514
    $174,025

    Comparable in this City

    • Value Estimation by Request
      45,587 SF

      103 Vandalia St

      Coworking space • 45,587 SF
      103 Vandalia St, Edwardsville, IL 62025
      View Details
    • Value Estimation by Request

      101 Vandalia St

      Office Units
      101 Vandalia St, Edwardsville, IL 62025
      View Details
    • Value Estimation by Request
      1,144 SF

      535 Saint Louis St

      OFFICE (GENERAL) • 1,144 SF
      535 Saint Louis St, Edwardsville, IL 62025-1501
      View Details
    • Value Estimation by Request
      1,730 SF

      511 Saint Louis St

      OFFICE (GENERAL) • 1,730 SF
      511 Saint Louis St, Edwardsville, IL 62025-1501
      View Details
    • Value Estimation
      $595,000
      2,714 SF

      5 Sunset Hls Professional Ctr

      OFFICE (GENERAL) • 2,714 SF
      5 Sunset Hls Professional Ctr, Edwardsville, IL 62025-3782
      View Details
    • Value Estimation by Request
      1,209 SF

      235th S Main Stb

      OFFICE (GENERAL) • 1,209 SF
      235th S Main Stb, Edwardsville, IL 62025-1921
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land with Views For Sale

      Land suitable for retail or office with excellent views.
      NE New Poag Rd -, Edwardsville, IL 62025
      View Details
    • Contact for pricing

      Versatile Commercial Property in Edwardsville

      17,000+ sq ft commercial property suitable for various uses.
      201 W High St, Edwardsville, IL 62025
      View Details
    • $395,000
      2,688 SF

      Versatile Commercial Property in Edwardsville

      Standout commercial property with high visibility and flexible space.
      220 S Buchanan St, Edwardsville, IL 62025
      View Details
    • Contact for pricing

      Land with Views For Sale

      Land suitable for retail or office with expansive views.
      NE New Poag Rd -, Edwardsville, IL 62025
      View Details
    • $658,624

      Land with Breathtaking Views

      Land suitable for retail or upscale office development.
      Ne New Poag Rd -, Edwardsville, IL 62025
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr

      Downtown Edwardsville Office/Retail Space

      Premier location with high visibility and traffic in downtown Edwardsville.
      100 N Main St, Edwardsville, IL 62025
      View Details
    • $500 /Mo

      Office Suite For Lease

      Single office suite for rent near downtown Edwardsville, Illinois.
      340 S Fillmore St, Edwardsville, IL 62025
      View Details
    • Contact for pricing
      2,520 SF

      Downtown Edwardsville Office Space

      2,520 SF office space for lease in downtown Edwardsville.
      228 N Main St, Edwardsville, IL 62025
      View Details
    • Contact for pricing

      Mark Twain Plaza Office Suites

      Office suites available for lease in Mark Twain Plaza.
      101 W Vandalia St, Edwardsville, IL 62025
      View Details
    • Contact for pricing
      4,624 SF

      Downtown Edwardsville Office Space

      Prime office space adjacent to Madison County courthouse.
      241 N Main St, Edwardsville, IL 62025
      View Details
    • $25 SF/Yr

      Premier Mixed-Use Development in Edwardsville

      Mixed-use development with office/retail suites available for lease.
      1010 Enclave Blvd, Edwardsville, IL 62025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    211 Hillsboro Ave
    Edwardsville, IL 62025-1623
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    211 Hillsboro Ave, Edwardsville, IL, 62025
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!