Log In/Sign Up
Your email has been sent.
1007 W Delmar Ave, Godfrey, IL 1007 W Delmar Ave 6,000 SF Retail Building Godfrey, IL 62035 $350,000 ($58.33/SF)
Investment Highlights
- High-visibility location on heavily traveled West Delmar Avenue in Godfrey
- Functional features include garage door access and multiple heating/cooling solutions.
- B-1 zoning allows for diverse commercial uses including retail, office, or service
- Positioned minutes from residential neighborhoods and regional retail centers
Executive Summary
This 6,000-square-foot commercial property offers exceptional visibility along West Delmar Avenue, one of Godfrey’s busiest thoroughfares. The building sits on two B-1 zoned lots, providing flexibility for a range of uses including retail, office, showroom, and service operations. Positioned in a high-traffic location, the property ensures strong exposure for businesses seeking a prominent local presence.
The asset has seen significant capital improvements over the past decade, including modern electrical systems with expansion capacity, HVAC upgrades, new windows, waterproofing, and drainage enhancements. Additional notable features include multiple heating systems, functional mini-split units, and an illuminated LED roadside sign that maximizes visibility to passing traffic.
The layout is designed to accommodate multiple business operations, with the option for owner-occupancy or redevelopment for investment. A garage door access point adds operational flexibility for users requiring loading or service areas. Given its prominent corridor frontage, strong infrastructure, and versatility for various commercial applications, this property represents a turnkey opportunity for businesses and investors focused on growth within the Godfrey/Alton market.
The asset has seen significant capital improvements over the past decade, including modern electrical systems with expansion capacity, HVAC upgrades, new windows, waterproofing, and drainage enhancements. Additional notable features include multiple heating systems, functional mini-split units, and an illuminated LED roadside sign that maximizes visibility to passing traffic.
The layout is designed to accommodate multiple business operations, with the option for owner-occupancy or redevelopment for investment. A garage door access point adds operational flexibility for users requiring loading or service areas. Given its prominent corridor frontage, strong infrastructure, and versatility for various commercial applications, this property represents a turnkey opportunity for businesses and investors focused on growth within the Godfrey/Alton market.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$24,132,000
|
$4,022.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$24,132,000
|
$4,022.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $24,132,000 |
| Annual Per SF | $4,022.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $24,132,000 |
| Annual Per SF | $4,022.00 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
6,000 SF
Building Class
C
Year Built
1975
Price
$350,000
Price Per SF
$58.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.67 AC
Zoning
B-1 - Neighborhood Business
Amenities
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-1-01-34-20-404-007 | Total Assessment | $63,800 (2025) |
| Land Assessment | $11,120 (2025) | Annual Taxes | $24,132,000 ($4,022.00/SF) |
| Improvements Assessment | $52,680 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
24-1-01-34-20-404-007
Land Assessment
$11,120 (2025)
Improvements Assessment
$52,680 (2025)
Total Assessment
$63,800 (2025)
Annual Taxes
$24,132,000 ($4,022.00/SF)
Tax Year
2026
Contacts
-
Shane Kamp -
Mark Harman -
Travis Tarrant -
Tarrant & Harman Real Estate and Auction Co.
1 of 49
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
