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Property profile & analytics

4500 N Illinois St Swansea, IL 62226

  • Commercial real estate
  • 9,728 SF
  • 0.95 lot acres
For Lease
Last Sale
Feb 28, 2022
$850,000
Value Estimations
$870,000
Cap Rate Potential
Location Intelligence
Property ID
US28-5522934
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

  • Commercial real estate

Property Details for 4500 N Illinois St

Year built
2001
Construction
STEEL FRAME
Lot size
0.95 lot acres
Property size
9,728 SF
Property type
Commercial real estate
APN
08-04-0-210-049
APU
8040210049

Description

This exceptional 9,728-square-foot medical office building is available for lease in Swansea, Illinois. Located at 4500 N. Illinois Street, zip code 62226, this single-tenant property offers a significant opportunity for medical practices seeking ample space. The building is entirely vacant, presenting a blank canvas for a new tenant to customize the space to their exact specifications. The property is classified as both retail and office, offering flexibility in its potential uses within the medical field. Parking is readily available with a 5/1000 ratio, ensuring convenient access for patients and staff. The building's prime location in Swansea, Illinois provides excellent visibility and accessibility for a thriving medical practice. This is a rare opportunity to secure a substantial, fully vacant medical office building in a desirable location. The property's size and layout are ideal for a variety of medical specialties, offering significant potential for growth and expansion. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at 38.5691586 latitude and -89.9841763 longitude.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $650,000
    ML approach
    $635,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $875,000
    Market price range: $401k - $1.23M
    AI Estimate
    $910,000
    Market price range: $434k - $1.39M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $845,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Swansea
County
St. Clair
State
Illinois
Longitude
-89.9841
Latitude
38.5692
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
$25,245
$72,954
$238,145
$311,099
-
$218,862
$714,435
$933,297
More about this property
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