Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    101 St Louis Rd Collinsville, IL 62234

    View on Map
    Sponsored
    For Lease
    $600 /Mo

    Commercial Lease - Collinsville, IL

    Property size:
    1,500 SF
    Days on Market:
    52
    Last Refresh:
    Mar 27 at 6:06 pm

    Property Features for 101 St Louis Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    13-2-21-33-10-104-009
    Size
    1,500 SF

    Building Details

    Year built
    1977
    Building materials
    Brick, Brick Veneer
    Architectural style
    Other

    We can help!

    Listing Contact
    Karen McConnell
    Karen McConnell

    RE/MAX Alliance

    Listing agent Karen McConnell License #471006632

    Listing date Feb 3, 2026

    MLS# 25040045 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Collinsville Office Space For Lease

    Approximately 1500 square feet of office space is available for lease in the lower level of a brick office building. The building is located on the corner of St. Louis Road and West Main Street in Collinsville, Illinois. There are a total of two units currently available in the lower level. The space has been previously used as office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.99503238
    Latitude
    38.66689771

    Nearby Similar for Lease

    • $6 SF/Yr
      16,800 SF

      Office Suites Available For Lease

      Office suites for lease with high visibility and accessibility.
      9500 Collinsville Rd, Collinsville, IL 62234
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space Near Super Wal-Mart

      Retail space in power center near major highway intersection.
      1100-1146 Collinsville Crossing Blvd, Collinsville, IL
      View Details
    • $16 SF/Yr
      13,003 SF

      Collinsville Office Space for Lease

      13,000+ SF office space available in Collinsville's Eastport District.
      1616 Eastport Plaza Dr, Collinsville, IL 62234
      View Details
    • Contact for pricing

      Collinsville Flex Space For Rent

      Flex space available for rent in Collinsville, Illinois.
      907 N Bluff Rd, Collinsville, IL 62234
      View Details
    • Contact for pricing
      48,108 SF

      Collinsville Warehouse/Service Buildings For Rent

      Two 48,000 SF warehouse/service buildings available for lease.
      1001 Mcdonough Lake Rd, Collinsville, IL 62234
      View Details
    • Contact for pricing
      3,600 SF

      Turnkey Medical Office For Lease

      3,600 SF medical office with easy highway access.
      101 United Dr, Collinsville, IL
      View Details
    • Contact for pricing
      48,094 SF

      Collinsville Warehouse/Service Buildings For Rent

      Two 48,000 SF warehouse/service buildings available for lease.
      1003 Mcdonough Lake Rd, Collinsville, IL 62234
      View Details
    • Contact for pricing
      20,000 SF

      Retail Space Near Interstate 55/70

      Retail space available for lease near Interstate 55/70.
      2533-2549 Vandalia St, Collinsville, IL 62234
      View Details
    • Contact for pricing
      101,000 SF

      Collinsville Industrial Space For Lease

      Industrial space for lease featuring docks, drive-in doors, and parking.
      1000 Fournie Ln, Collinsville, IL 62234
      View Details
    • Contact for pricing
      4,971 SF

      Retail Space Near St. Louis

      28,487 SF shopping center with retail space available.
      607-613 Belt Line Rd, Collinsville, IL 62234
      View Details
    • Contact for pricing
      26,140 SF

      Collinsville Warehouse Space Available

      Available warehouse space in Collinsville's Eastport Plaza Business Park.
      1607 Eastport Plaza Dr, Collinsville, IL 62234
      View Details
    • $16 SF/Yr
      6,223 SF

      Collinsville Office Space For Rent

      6,223 SF office space in Collinsville's Eastport District.
      1606 Eastport Plaza Dr, Collinsville, IL 62234
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available in Collinsville, Illinois.
    Where is this office units located?
    The property is located at 101 St Louis Rd Collinsville, IL.
    What is the lease rate?
    The lease rate is $600 /Mo.
    What are key features of this property?
    This property features: - Approximately 1500 sq ft of large space available.; - Located in a brick office building.; - Opportunity to acquire multiple units.
    (618) 530-6761
    Request Owner's contact information
    101 St Louis Rd Collinsville, IL 62234
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    101 St Louis Rd
    Collinsville, IL 62234
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 St Louis Rd Collinsville, IL 62234
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Karen McConnell
    Karen McConnell
    Real Estate License ID: 471006632
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!