1611 3rdGranite City, IL 62040

  • Healthcare properties
  • 19,384 SF
Off market
$1,061,231 Estimated

Property Details for 1611 3rd

Year built
2007
Lot size
2.60 AC
Property size (Sq ft)
19,384 SF
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
22-1-35-23-00-000-000-219
APU
221352300000000219

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,625,216
    6.5%
    $4,269,431
    7%
    $3,964,472
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,737,853
    Geo Method
    $1,737,853
  • Alternative Use

    Use
    Valuation
    Residential
    $5,415,953
    Hospitality
    $4,960,984
    Educational
    $4,127,480
    Medical
    $4,269,431
    Retail
    $6,420,525
1611 3rd, Granite City, Illinois

Location Insight

City
Granite City
County
Madison
State
Illinois
Latitude
38.7705
Longitude
-89.7238
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $870,120
  • Assessed land value
    $6,930
  • Assessed value
    $877,050
  • Tax year
    2022

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