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    Property profile & analytics

    3165 Myrtle Ave, Unit 6 Granite City, IL 62040-5012

    • Office Properties & Spaces
    • 1,259 SF
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 27, 2023
    $6,500
    Location Intelligence
    Property ID
    US28-2258583
    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

    • Office Properties & Spaces

    Property Details for 3165 Myrtle Ave

    Year built
    1963
    Property size
    1,259 SF
    Property type
    Office Properties & Spaces
    APN
    22-2-20-08-19-401-025-06C
    APU
    22220081940102506C

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Granite City
    County
    Madison
    State
    Illinois
    Longitude
    -90.1219
    Latitude
    38.7199
    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
    $2,677
    $4,310
    $22,450
    $26,760
    -
    $12,943
    $67,417
    $80,360

    Comparable in this City

    • Value Estimation by Request
      894 SF

      3005 Madison Ave

      OFFICE (GENERAL) • 894 SF
      3005 Madison Ave, Granite City, IL 62040-3619
      View Details
    • Value Estimation by Request
      0.04 Acres

      1326 Niedringhaus Ave, Unit A

      OFFICE (GENERAL) • 0.04 Acres
      1326 Niedringhaus Ave, Granite City, IL 62040-4626
      View Details
    • Value Estimation by Request
      1,217 SF

      3165 Myrtle Ave, Unit 5

      OFFICE (GENERAL) • 1,217 SF
      3165 Myrtle Ave, Granite City, IL 62040-5012
      View Details
    • Value Estimation
      $3,330,000
      3,584 SF

      2122 Pontoon Rd

      OFFICE (GENERAL) • 3,584 SF
      2122 Pontoon Rd, Granite City, IL 62040-4000
      View Details
    • Value Estimation
      $235,000
      3,115 SF

      2355 Pontoon Rd

      OFFICE (GENERAL) • 3,115 SF
      2355 Pontoon Rd, Granite City, IL 62040-4022
      View Details
    • Value Estimation
      $160,000
      4,320 SF

      3307 Wabash Ave

      OFFICE (GENERAL) • 4,320 SF
      3307 Wabash Ave, Granite City, IL 62040-3900
      View Details

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      3,021 SF medical office condo for sale, renovated in 2024.
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    Similar Nearby for Lease

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      Industrial Land with Rail Access

      31.83 AC industrial outdoor storage with active rail spurs.
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    • Contact for pricing
      12,500 SF

      Industrial Land with Rail Access

      31.83 AC industrial outdoor storage with active rail spurs.
      122-204 E Chain Of Rocks Rd, Granite City, IL 62040
      View Details
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    Granite City, IL 62040-5012
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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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