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111 W 2nd St 30,060 SF Industrial Building O'Fallon, IL 62269 $995,000 ($33.10/SF)

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INVESTMENT HIGHLIGHTS

  • Flex space
  • Open space with exposed brick

EXECUTIVE SUMMARY

Versatile Commercial Space in O’Fallon, IL – For Sale or Lease
Address: 111 W 2nd Street, O’Fallon, IL
Total Size: 30,000+ SqFt
• 27,060 SqFt Street Level
• 3,000+ SqFt Upper Level
Lot Size: 0.72 Acres
For Sale: $995,000
For Lease: $8.75/SF NNN
________________________________________
?? Endless Possibilities:
Perfect for a wide range of commercial or creative uses:
• CrossFit / Personal Training
• Rock Climbing / Pickleball
• Dance / Martial Arts Studio
• Custom Auto / Motorcycle Shops
• Woodworking / Metal Fabrication
• Escape Rooms / Axe Throwing
• Microbrewery / Ghost Kitchen
• Indoor Storage or Trades (Plumbing, Electrical, Flooring, Cabinets)
________________________________________
?? Property Features:
• Overhead garage doors & high ceilings
• All utilities available
• Environmental report completed
• Prime corner location in O’Fallon

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

ANNUAL ANNUAL PER SF
Taxes $18,637 $0.62
Operating Expenses $30,060 $1.00

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

Taxes
Annual $18,637
Annual Per SF $0.62
Operating Expenses
Annual $30,060
Annual Per SF $1.00
Total Expenses
Annual $48,697
Annual Per SF $1.62

PROPERTY FACTS

Price $995,000
Price Per SF $33.10
Sale Type Owner User
Sale Conditions
High Vacancy Property
  • Redevelopment Project
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Auto Dealership
  • General Retail Bar
Building Class C
Lot Size 0.72 AC
Rentable Building Area 30,060 SF
No. Stories 2
Year Built 1938
Parking Ratio 0.37/1,000 SF
No. Drive In / Grade-Level Doors 3
Zoning B-1

AMENITIES

  • Signage

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 3,000-27,060 SF
  • Flex
  • Partial Build-Out
  • Now

Versatile Commercial Space in O’Fallon, IL – For Sale or Lease Address: 111 W 2nd Street, O’Fallon, IL Total Size: 30,000+ SqFt • 27,060 SqFt Street Level • 3,000+ SqFt Upper Level Lot Size: 0.72 Acres For Sale: $995,000 For Lease: $8.75/SF NNN ________________________________________ ?? Endless Possibilities: Perfect for a wide range of commercial or creative uses: • CrossFit / Personal Training • Rock Climbing / Pickleball • Dance / Martial Arts Studio • Custom Auto / Motorcycle Shops • Woodworking / Metal Fabrication • Escape Rooms / Axe Throwing • Microbrewery / Ghost Kitchen • Indoor Storage or Trades (Plumbing, Electrical, Flooring, Cabinets) ________________________________________ ?? Property Features: • Overhead garage doors & high ceilings • All utilities available • Environmental report completed • Prime corner location in O’Fallon

Space Size Space Use Condition Available
1st Floor 3,000-27,060 SF Flex Partial Build-Out Now

1st Floor

Size
3,000-27,060 SF
Space Use
Flex
Condition
Partial Build-Out
Available
Now

1st Floor

Size 3,000-27,060 SF
Space Use Flex
Condition Partial Build-Out
Available Now

Versatile Commercial Space in O’Fallon, IL – For Sale or Lease Address: 111 W 2nd Street, O’Fallon, IL Total Size: 30,000+ SqFt • 27,060 SqFt Street Level • 3,000+ SqFt Upper Level Lot Size: 0.72 Acres For Sale: $995,000 For Lease: $8.75/SF NNN ________________________________________ ?? Endless Possibilities: Perfect for a wide range of commercial or creative uses: • CrossFit / Personal Training • Rock Climbing / Pickleball • Dance / Martial Arts Studio • Custom Auto / Motorcycle Shops • Woodworking / Metal Fabrication • Escape Rooms / Axe Throwing • Microbrewery / Ghost Kitchen • Indoor Storage or Trades (Plumbing, Electrical, Flooring, Cabinets) ________________________________________ ?? Property Features: • Overhead garage doors & high ceilings • All utilities available • Environmental report completed • Prime corner location in O’Fallon

Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-30.0-408-023
Land Assessment
$37,479 (2024)
Improvements Assessment
$238,750 (2024)
Total Assessment
$276,229 (2024)
Annual Taxes
$18,637 ($0.62/SF)
Tax Year
2023 Payable 2024
  • Listing ID: 35309748

  • Date on Market: 3/30/2025

  • Last Updated:

  • Address: 111 W 2nd St, O'Fallon, IL 62269

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