Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    603 Summer St Burlington, IA 52601-4052

    • Apartment buildings
    • 6,978 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $135,000
    Last Sale
    Dec 20, 2021
    $125,000
    Location Intelligence
    Property ID
    US25-0165708
    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

    • Apartment buildings

    Property Details for 603 Summer St

    Year built
    1880
    Construction
    FRAME
    Lot size
    0.51 lot acres
    Property size
    6,978 SF
    Zone code
    R4
    Property type
    Apartment buildings
    APN
    16-05-333-023
    APU
    1605333023

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Des Moines
    State
    Iowa
    Longitude
    -91.1145
    Latitude
    40.8012
    CBSA code
    15460
    CBSA name
    BURLINGTON, IA-IL MICROPOLITAN 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
    2018
    $4,190
    $23,300
    $277,800
    $301,100
    -
    $23,300
    $277,800
    $301,100

    Comparable in this City

    • Value Estimation
      $270,000
      1,748 SF

      2204 Piper Pl

      APARTMENT HOUSE (5+ UNITS) • 1,748 SF
      2204 Piper Pl, Burlington, IA 52601-3359
      View Details
    • Value Estimation
      $270,000
      1,748 SF

      2201 Piper Pl

      APARTMENT HOUSE (5+ UNITS) • 1,748 SF
      2201 Piper Pl, Burlington, IA 52601-3358
      View Details
    • Value Estimation
      $365,000
      4,437 SF

      535 10th St

      APARTMENT HOUSE (5+ UNITS) • 4,437 SF
      535 10th St, Burlington, IA 52601-5730
      View Details
    • Value Estimation
      $335,000
      2,824 SF

      224 8th St

      APARTMENT HOUSE (5+ UNITS) • 2,824 SF
      224 8th St, Burlington, IA 52601-5701
      View Details
    • Value Estimation by Request
      2,746 SF

      108 Marshall St

      APARTMENT HOUSE (5+ UNITS) • 2,746 SF
      108 Marshall St, Burlington, IA 52601-4281
      View Details
    • Value Estimation by Request
      5,562 SF

      1015 6th St

      APARTMENT HOUSE (5+ UNITS) • 5,562 SF
      1015 6th St, Burlington, IA 52601-4828
      View Details

    Similar Nearby for Sale

    • $169,000
      0.15 Acres

      Burlington Multifamily Investment Opportunity

      Six-unit apartment building with recent updates and tenant occupancy.
      1329 N 8Th St, Burlington, IA 52601
      View Details
    • $74,900
      Pending

      Burlington Mixed-Use Commercial Property

      Mixed-use commercial property for sale in Burlington, Iowa.
      900 Oak St, Burlington, IA 52601
      View Details
    • $179,900
      1.29 Acres

      Versatile Mixed-Use Redevelopment Opportunity

      Former school building ideal for apartments and commercial ventures.
      705 Maple St, Burlington, IA 52601
      View Details
    • Contact for pricing
      3,102 SF

      Burlington Duplex Investment Opportunity

      Side-by-side duplex for sale as part of a package.
      518 S Central Ave, Burlington, IA 52601
      View Details
    • New
      $85,000
      2,220 SF

      Income-Producing Duplex in Burlington, Iowa

      Fully occupied duplex with flexible rental options and convenient location.
      218 S Gunnison St, Burlington, IA 52601
      View Details
    • $1,100,000
      0.59 Acres

      Mixed-Use Commercial Property in Burlington

      Motel, home, duplex, and office spaces in Burlington, Iowa.
      2520 /2518/2528 Mt Pleasant St, Burlington, IA 52601
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      78,640 SF

      Burlington Retail Center Opportunity

      High-traffic retail space available.
      313 Roosevelt Ave, Burlington, IA 52601
      View Details
    • Contact for pricing
      11,800 SF

      Agency Commons: Burlington Retail Space

      Prime Burlington retail space, 11,800 sq ft available.
      3314 Agency St, Burlington, IA 52601
      View Details
    • $14 SF/Yr
      50,328 SF

      2750 Mount Pleasant St

      Neighborhood centers • 50,328 SF
      2750 Mount Pleasant St, Burlington, IA 52601
      View Details
    • $16 SF/Yr
      41,886 SF

      Downtown Burlington Creative Office Space

      Modern Office/Retail, 3,114 SF Available
      424 3Rd St, Burlington, IA 52601
      View Details
    • $6 SF/Yr
      7,200 SF

      Eagles Building: Historic Downtown Office

      Burlington, IA: Prime Office Space Available
      205 Washington St, Burlington, IA 52601
      View Details
    • $24 SF/Yr
      750 SF

      Riverside Office Suites Available

      Downtown Burlington offices, 4 spaces available.
      600 Main St, Burlington, IA 52601
      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.
    603 Summer St
    Burlington, IA 52601-4052
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.