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Property profile & analytics
OFF-MARKET Estimated value $515,000
Commercial real estate

4010 Illinois St Swansea, IL 62226-1967

2,652 SF 0.06 ac lot Built 1989
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US28-1694544
Property summary
AI-generated overview

This exceptional single-story executive office building, located at 4010 North Illinois in Swansea, Illinois, presents a fantastic investment opportunity. The property, situated on a 0.06-acre lot, boasts a total of 5,304 square feet, with 4,344 square feet currently vacant and ready for immediate occupancy. The building, constructed in 1989, features attractive 9' 10" ceilings and is zoned for Planned Business use. Multiple tenancy options are available, with spaces ranging from a minimum of 1,692 square feet up to a maximum contiguous space of 2,652 square feet, providing flexibility for various business needs. The property's convenient location in Swansea, Illinois (zip code 62226), offers easy access to major transportation routes and amenities. The property's APN is 08-24.0-210-028, and it's situated in St. Clair County. This is an excellent chance to acquire a well-maintained office building in a desirable location, perfect for owner-occupancy or investment purposes. The building's single-story design and ample square footage offer significant potential for customization and expansion. Don't miss this opportunity to secure a prime commercial property in a thriving market.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Construction WOOD
Total area 2,652 SF
Lot 0.06 ac (2,614 SF)
APN 08-04-0-210-028
UPID US28-1694544
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
$415k
Comparable Approach Comparable
$318k
Blend (final) Blend
$515k
Owner & transaction history
Acl Lehr Properties LLC · 3 yrs held
Acl Lehr Properties LLC
since 2023
Last sale
$525,000
7 recorded transactions
2023
Price N/A
2006
Price N/A
2005
$525,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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