96-Unit Garden-Style Apartment
For Sale
Contact for pricing
Pending
1 Park Terrace, Fairview Heights, IL 62208
Garden-style community with one- and two-bedroom residences near I-64.
Property Size81,720 SF
Lot Size7.32 Acres
Days on Market403
Property Features for 1 Park Terrace
General Information
Standard status
Pending
Size
81,720 SF
Net Rentable
81,720 SF
Class
B
Total Parking Spaces
145
Lot size
7.32 Acres
Property subtype
Multifamily
Occupancy
100%
Investment Type
Value Add
Additional Details
Highway Access
Yes
Multifamily Units
96
Building Details
Year Built
1986
Buildings
14
Units
96
Construction
garden-style
Listing Agency:
CBRE - Saint Louis
(314) 655-6000
Listed By:
Matt Bukhshtaber · License #MO
Source:
Crexi
Added: Jul 24, 2025
Changed: Aug 30
Last Checked: Aug 30 at 9:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Saint Louis
Investment Insights
Based on property information with market context.
Park Terrace is a 96-unit garden-style apartment community on 7.32 acres, with 81,720 square feet of rental space. The residential property was built in 1986 and offers a mix of one- and two-bedroom units.
The community is located at 1 Park Terrace in Fairview Heights, St. Clair County, Illinois, approximately 1.5 miles from I-64. Its regional setting provides access toward the greater St. Louis area. St. Clair Square Mall, a 1,084,898-square-foot shopping center, is also located in Fairview Heights.
The combination of unit scale, bedroom mix, acreage, and established construction provides a clear overview of the property’s physical configuration for multifamily buyers.
The community is located at 1 Park Terrace in Fairview Heights, St. Clair County, Illinois, approximately 1.5 miles from I-64. Its regional setting provides access toward the greater St. Louis area. St. Clair Square Mall, a 1,084,898-square-foot shopping center, is also located in Fairview Heights.
The combination of unit scale, bedroom mix, acreage, and established construction provides a clear overview of the property’s physical configuration for multifamily buyers.
Key Highlights
- 96‑unit apartment community on 7.32 acres
- 81,720 square feet of rental space
- One- and two‑bedroom unit mix
Property Analytics
Current Use
Lease Details
96
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
Explore this area
Business Placement
Demographics for 62208, IL
16,992
Population
8,148
Households
2.1
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$78,423
Median Household Income
$42,640
Median Earnings
$1,222
Median Rent
$167,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Garden-style community with one- and two-bedroom residences near I-64.
Where is this apartment building located?
The property is located at 1 Park Terrace Fairview Heights, IL.
What are key features of this property?
This property features: 96‑unit apartment community on 7.32 acres; 81,720 square feet of rental space; One- and two‑bedroom unit mix
