1004 S Division St, Carterville, IL 62918
Commercial property for sale, currently leased to Miracle Ear.
- Added:
- Feb 18, 2026
- Days on Market:
- 138
- Last Refresh:
- May 19 at 9:12 pm
Property Features for 1004 S Division St
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing office INVESTMENT HOUSE REALTORS, INC.
Listing date Feb 18, 2026
Source Crexi
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 INVESTMENT HOUSE REALTORS, INC.
HighLights
- Currently leased to Miracle Ear Hearing Enhancement, LLC
- Investor owned income property opportunity
- Suitable for business use
- Built in 1970
- Additional property data available by request
- 2% Buyer’s Broker Commission
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.0k | $18.00 |
| − Vacancy | −$3.2k | −$3.24 |
| EGI | $14.8k | $14.76 |
| − OpEx | −$3.7k | −$3.69 |
| NOI | $11.1k | $11.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carterville
- County
- Williamson
- State
- Illinois
- Longitude
- -89.0768251
- Latitude
- 37.7797796
