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    Property profile & analytics

    State Rte 111 Alton, IL 62002

    • Industrial land
    • 3.95 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Sep 02, 2021
    $538,727
    Location Intelligence
    Property ID
    US28-3467439
    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

    • Industrial land

    Property Details for State Rte 111

    Lot size
    3.95 lot acres
    Property type
    Industrial land
    APN
    23-1-08-16-00-000-001
    APU
    231081600000001

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alton
    County
    Madison
    State
    Illinois
    Longitude
    -90.1157
    Latitude
    38.8925
    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
    $169
    $1,990
    $0.00
    $1,990
    -
    $5,976
    $0.00
    $5,976

    Comparable in this City

    • Value Estimation by Request

      1200 State St

      INDUSTRIAL - VACANT LAND
      1200 State St, Alton, IL 62002-6032
      View Details
    • Value Estimation by Request
      0.52 Acres

      1800 Broadway

      INDUSTRIAL - VACANT LAND • 0.52 Acres
      1800 Broadway, Alton, IL 62002-6664
      View Details
    • Value Estimation by Request
      1.90 Acres

      2909 Broadway

      INDUSTRIAL - VACANT LAND • 1.90 Acres
      2909 Broadway, Alton, IL 62002-1872
      View Details
    • Value Estimation by Request
      6.49 Acres

      3300 Broadway

      INDUSTRIAL - VACANT LAND • 6.49 Acres
      3300 Broadway, Alton, IL 62002-2040
      View Details
    • Value Estimation by Request
      72.30 Acres

      Cut St

      INDUSTRIAL - VACANT LAND • 72.30 Acres
      Cut St, Alton, IL 62002
      View Details
    • Value Estimation by Request
      0.15 Acres

      709 Division St

      INDUSTRIAL - VACANT LAND • 0.15 Acres
      709 Division St, Alton, IL 62002-6048
      View Details

    Similar Nearby for Sale

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    • $60,000
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      5-acre lot for residential development with waterfront potential.
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    Similar Nearby for Lease

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      Commercial Land Ready For Development

      Commercial land suitable for various development projects, high-traffic location.
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      Land with high visibility and ample parking for lease.
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      24,302 SF

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      Prime Alton retail space available.
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    • Contact for pricing

      Alton Retail Space Available

      Retail space with basement storage in Alton, Illinois.
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    • New
      $13 SF/Yr
      21,625 SF

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      High-visibility corner retail space suitable for various businesses.
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      View Details
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    State Rte 111
    Alton, IL 62002
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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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