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Chateau Centre III 5300 N Illinois St 6,000 SF 100% Leased Retail Building Fairview Heights, IL 62208 For Sale



Investment Highlights
- High-visibility location along North Illinois Street (IL Route 159), a primary commercial corridor in Fairview Heights.
- Surrounded by established national and regional retailers, restaurants, and service businesses.
- Positioned approximately one mile south of St. Clair Square, a major regional retail destination.
Executive Summary
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell Iroquois Manor Shopping Center, an 82.6% leased grocery-anchored shopping center in Louisville, Kentucky.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,000 SF
Building Class
B
Year Built
2005
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.79 AC
Zoning
B-3
Parking
35 Spaces (7.83 Spaces per 1,000 SF Leased)
Frontage
154’ on N Illinois St
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-34.0-103-134 | Improvements Assessment | $175,640 |
| Land Assessment | $46,717 | Total Assessment | $222,357 |
Property Taxes
Parcel Number
03-34.0-103-134
Land Assessment
$46,717
Improvements Assessment
$175,640
Total Assessment
$222,357
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