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5400-5440 N Illinois St. 2 Office Properties Offered at $1,400,000 in Fairview Heights, IL
Investment Highlights
- Investment Properties/Owner User Opportunity
- Currently 6.79% CAP rate with the vacancy
- (2) 4,140 SF Buildings
Executive Summary
Investment Properties/Owner User Opportunity. Two buildings that are 4,140 SF each. Currently 6.79% CAP rate with the vacancy.
1,716 SF Former Medical Office For Lease
Includes waiting room, 5 exam rooms, X-Ray booth, admin area, and two restroom. Building has 50 parking spaces and Marquee and Building Signage are available.
Located on North Illinois Street (IL Route159), just minutes from I-64 (Exit12). 24,200 ADT on IL Route 159.
1,716 SF Former Medical Office For Lease
Includes waiting room, 5 exam rooms, X-Ray booth, admin area, and two restroom. Building has 50 parking spaces and Marquee and Building Signage are available.
Located on North Illinois Street (IL Route159), just minutes from I-64 (Exit12). 24,200 ADT on IL Route 159.
Property Facts
| Price | $1,400,000 | Number of Properties | 2 |
| Price / SF | $174.56 / SF | Individually For Sale | 0 |
| Cap Rate | 6.79% | Total Building Size | 8,020 SF |
| Sale Type | Investment or Owner User | Total Land Area | 1.47 AC |
| Status | Active |
| Price | $1,400,000 |
| Price / SF | $174.56 / SF |
| Cap Rate | 6.79% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,020 SF |
| Total Land Area | 1.47 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
5400 N Illinois Street
5400 N Illinois St, Fairview Heights, IL 62208 |
Office | 4,010 SF | 2005 | - |
| 5440 N Illinois St, Fairview Heights, IL 62208 | Office | 4,010 SF | 2006 | - |
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5400-5440 N Illinois St.
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