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    205 Old Route 66 South, Unit S Hamel, IL 62046

    For Lease
    $2,500 /Mo ($10 SF/Yr)

    Retail - Hamel, IL

    Type:Retail
    Property size:
    2,900 SF
    Lot size:
    0.33 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 12 at 8:06 pm

    Property Features for 205 Old Route 66 South

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    11-2-10-14-06-101-017
    Parking features
    Driveway
    Size
    2,900 SF
    Lot size
    0.33 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Roof type
    Flat
    Architectural style
    Other

    Gori, Realtors, LLC (618) 659-5565 [email protected]

    Listing agent Bob Rohrkaste (618) 334-7322 License #471009650

    Listing date Jun 17, 2025

    MLS# 24053532 Listing URL

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

    Overview

    Retail Space on Old Route 66

    Located four blocks from I-55 on Old Route 66 and seven miles from Edwardsville on Illinois Route 157 or I-55, this 2,900-square-foot retail property is situated in a high-traffic area. The corner location is in the downtown area of Hamel, IL. The property features a newer 40-year white rubber roof, a newer restroom with shower, and a newer kitchenette. New window coverings and other upgrades have been made. The property is suitable for service wholesale, retail, storage, and other uses. The lot size is 0.33 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamel
    County
    Madison
    State
    Illinois
    Longitude
    -89.846207
    Latitude
    38.887949

    Nearby Similar for Lease

    • $10 SF/Yr
      1,200 SF

      Remodeled Office Space Available

      Private office space in remodeled Bank of Hillsboro branch.
      105 E State St, Hamel, IL 62046
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property in high-traffic area near I-55 and Route 157.
    Where is this retail property located?
    The property is located at 205 Old Route 66 South, Unit S Hamel, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic corner location in a downtown area.; - Newer 40-year white rubber roof.; - Newer restroom with shower and kitchenette.
    (618) 334-7322
    Request Owner's contact information
    205 Old Route 66 South, Unit S Hamel, IL 62046
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    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
    205 Old Route 66 South, Unit S Hamel, IL 62046
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