Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2 Richard Mark Way Collinsville, IL 62234

    For Sale
    $1,595,000

    Commercial - Collinsville, IL

    Property size:
    8,960 SF
    Lot size:
    1.75 Acres
    Days on Market:
    214
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 2 Richard Mark Way

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Comm
    APN
    13-2-21-29-03-301-018
    Size
    8,960 SF
    Lot size
    1.75 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet, Tile
    Building materials
    Brick, Frame
    Roof type
    Asphalt
    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Brent Daily (217) 787-7000 License #475201244

    Listing date May 14, 2025

    MLS# CA1029309 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Collinsville Office Building For Sale

    This well-maintained, all-brick office building is located on a frontage road directly off I-55. The property benefits from high visibility to passing vehicles and is conveniently located near restaurants, shopping, hotels, and St. Louis. The building features an executive office and conference room, both equipped with kitchenettes, as well as a large open space. A large parking lot provides 74 parking spots. The property is currently under a triple net lease that extends through the end of 2025. The lot size is 1.75 acres, and the building has a living area of 8960 square feet. The zoning is commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.017223
    Latitude
    38.678001

    Nearby Similar for Sale

    • $220,000
      Pending

      Updated Triplex Near Downtown Collinsville

      Updated triplex near downtown Collinsville, ideal for investors or owner-occupants.
      404 E Church St, Collinsville, IL 62234
      View Details
    • $140,000
      2,671 SF

      Collinsville Office Building For Sale

      High-visibility office building on heavily traveled State Highway 159.
      1518 Vandalia St, Collinsville, IL 62234
      View Details
    • $220,000
      Pending

      Historic Building in Collinsville, IL

      Historic building suitable for bar, restaurant, banquet hall, or retail.
      102 W Main St, Collinsville, IL 62234
      View Details
    • $240,000
      2,670 SF

      Retail/Office/Restaurant Opportunity in Collinsville

      Retail, restaurant, or professional office space with excellent visibility.
      118 N Bluff Rd, Collinsville, IL 62234
      View Details
    • $275,000
      1,412 SF

      Remodeled Office Space on Highway

      Remodeled office space with basement, kitchen, and parking.
      1019 Vandalia St, Collinsville, IL 62234
      View Details
    • $135,000
      1,950 SF

      Triplex Investment Opportunity

      Triplex outside Collinsville limits, all units occupied, investment opportunity.
      1322 Leland St, Collinsville, IL 62234
      View Details

    FAQs

    What type of property is this?
    Office building - Well-maintained office building with high visibility and ample parking.
    Where is this office building located?
    The property is located at 2 Richard Mark Way Collinsville, IL.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - High-visibility location on frontage road off I-55.; - Large parking lot with 74 spaces.; - All-brick construction.
    (217) 787-7000
    Request Owner's contact information
    2 Richard Mark Way 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.
    2 Richard Mark Way
    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 Estimation

    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.

    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.

    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
    2 Richard Mark Way 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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.