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Smithton, IL

Smithton, IL Commercial Real Estate for Sale

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Freeburg, IL Belleville, IL Millstadt, IL

New Dollar General Market Store

Updated: May 6, 2024

New Dollar General Market Store

702 S Main St, Smithton, IL 62285

$2,202,448

12,668 sqft

Brand new 12,668 SF Dollar General Market store with 15‑year Absolute NNN Lease.
Corporately guaranteed lease by Dollar General Corporation (credit rating “BBB”).
Located in Smithton, IL with high visibility off Main Street (9,036 vehicles per day).
Favorable demographics with a 5‑mile population of 9,692 and average household income of $90,717.
5% rent increases every 5 years, including option periods.

This listing looks promising.

Here's a quick look at some key insights for

702 S Main St, Smithton, IL 62285

View Property Analytics

Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$173K
Annual
Price @ 7% Cap

$2.47M
Above asking

View Property Analytics

Retail Opportunity on Illinois 159

Updated: Apr 24, 2025

Retail Opportunity on Illinois 159

4001 Illinois 159, Smithton, IL

$1,039,000

9,450 sqft · 0.71 AC lot

Value Add Opportunity - Significantly increase NOI by converting current modified gross leases to NNN leases upon lease expiration
92% Occupied
Priced at $122.75 Per Square Foot
Great 1031 Exchange Opportunity
Located on State Route 159, a major north to south thoroughfare

Leased Mixed-Use Investment Opportunity

Leased Mixed-Use Investment Opportunity

102 S Main St, Smithton, IL

$195,000

5,588 sqft · 0.28 AC lot

Fully leased mixed-use building with long-term tenants and recent upgrades.

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Smithton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Lots Near Dollar General

Commercial Lots Near Dollar General

1500 N State St, Freeburg, IL 62243

$859,968

1.77 AC lot

Highly visible commercial lots with utility access in Freeburg, Illinois.

22.60 Acre Development Site

22.60 Acre Development Site

1064 N State St, Freeburg, IL

$859,968

22.60 AC lot

22.60-acre development site ideal for multi-family, hotel, retail, or office.

Belleville Neighborhood Bar with Beer Garden

Belleville Neighborhood Bar with Beer Garden

907 N IIllinois St, Belleville, IL

$350,000

1,732 sqft · 1.54 AC lot

Neighborhood bar with beer garden and gaming machines for sale.

I-64 Development Opportunity

I-64 Development Opportunity

Belleville, IL

$572,000

8.80 AC lot

I-64 development opportunity in the St. Louis Metro East.

Off-Market Properties in Smithton, IL

Consider similar Off-Market properties in Smithton, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4753 State Rte 159

COMMERCIAL (GENERAL)

4753 State Rte 159, Smithton, IL 62285

Value Estimation by Request

2.99 AC lot

COMMERCIAL (GENERAL)

101 Main St, Smithton, IL 62285-1791

Value Estimation by Request

0.12 AC lot

COMMERCIAL (GENERAL)

101 Main St, Smithton, IL 62285-1791

Value Estimation by Request

0.12 AC lot

COMMERCIAL (GENERAL)

101 Main St, Smithton, IL 62285-1791

Value Estimation by Request

0.12 AC lot

COMMERCIAL (GENERAL)

109 Main St, Smithton, IL 62285

Value Estimation by Request

0.12 AC lot

COMMERCIAL (GENERAL)

101 Main St, Smithton, IL 62285-1791

Value Estimation by Request

0.12 AC lot

COMMERCIAL (GENERAL)

107 Julia St, Smithton, IL 62285

Value Estimation by Request

720 sqft · 0.12 AC lot

COMMERCIAL (GENERAL)

620 Main St, Smithton, IL 62285-1520

Value Estimation by Request

1.09 AC lot

COMMERCIAL (GENERAL)

101 Main St, Smithton, IL 62285-1791

Value Estimation by Request

3,080 sqft · 0.12 AC lot

COMMERCIAL (GENERAL)

101 Main St, Smithton, IL 62285-1791

Value Estimation by Request

4,550 sqft · 0.12 AC lot

COMMERCIAL (GENERAL)

109 Julia St, Smithton, IL 62285

Value Estimation by Request

3,230 sqft · 0.12 AC lot

3981 State Rte 159

COMMERCIAL (GENERAL)

3981 State Rte 159, Smithton, IL 62285-2512

$880,000

Estimated value

6,500 sqft · 0.71 AC lot

MOBILE HOME PARK, TRAILER PARK

4211 Knab Rd, Smithton, IL 62285

Value Estimation by Request

24.00 AC lot

COMMERCIAL (GENERAL)

210 Main St, Smithton, IL 62285-1708

Value Estimation by Request

4,624 sqft · 0.57 AC lot

COMMERCIAL (GENERAL)

604 Main St, Smithton, IL 62285-1520

$725,000

Estimated value

9,800 sqft · 1.19 AC lot

CONVENIENCE STORE

225 Main St, Smithton, IL 62285-1513

Value Estimation by Request

2,392 sqft · 0.19 AC lot

COMMERCIAL (GENERAL)

518 Julia St, Smithton, IL 62285-1464

Value Estimation by Request

4,536 sqft · 0.34 AC lot

INDUSTRIAL (GENERAL)

306 Main St, Smithton, IL 62285-1514

$600,000

Estimated value

12,451 sqft · 2.08 AC lot

COMMERCIAL (GENERAL)

203 Main St, Smithton, IL 62285-1513

Value Estimation by Request

1,940 sqft · 0.25 AC lot

4017 State Rte 159

COMMERCIAL (GENERAL)

4017 State Rte 159, Smithton, IL 62285-2510

$1,105,000

Estimated value

7,410 sqft · 0.85 AC lot

COMMERCIAL (GENERAL)

2 Main St, Smithton, IL 62285-1704

Value Estimation by Request

3,580 sqft · 0.24 AC lot

Smithton, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Smithton, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 27,706 square feet of properties for sale, with an estimated market value of $3,436,448.

Sale prices for business properties in Smithton, IL start at $195,000, averaging $1,145,482, and reaching up to $2,202,448 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,187

Population Growth (5Y) -5.6%

Median Household Income $118,413

College Educated 56.5%

High-Yield Neighborhoods for Investment

Identify Smithton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62285	$2.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Clair County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Clair County

Office

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