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MOTIVATED SELLER 5024 N Illinois St 4,000 SF Vacant Office Building Fairview Heights, IL 62208 $130,000 ($32.50/SF)

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INVESTMENT HIGHLIGHTS

  • New construction.

EXECUTIVE SUMMARY

Excellent opportunity for investors seeking turnkey development sites in the thriving Lakeview Commons Medical/Professional Business Park. This offering includes two level, half-acre lots—each priced at $130,000—ready to accommodate up to 4,000 SF commercial buildings per pad.
Strategically located on high-visibility North Illinois Street (IL Route 159), these parcels offer strong traffic exposure, existing utilities to site, and prior grading work already completed. Zoned PB (Planned Business), the lots support a wide array of income-generating uses, including medical, professional office, or retail-office combinations.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,000 SF
Building Class
B
Year Built
2026
Construction Status
Proposed
Price
$130,000
Price Per SF
$32.50
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,000 SF
Building FAR
0.18
Lot Size
0.52 AC
Zoning
PB - Planned Business District

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-34.0-311-009
Land Assessment
$31,000
Improvements Assessment
$14,078
Total Assessment
$45,078
  • Listing ID: 26190934

  • Date on Market: 7/17/2022

  • Last Updated:

  • Address: 5024 N Illinois St, Fairview Heights, IL 62208

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