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Renovated Storefront Retail Building
For Sale
$299,000

10099 Lincoln Trl, Fairview Heights, IL 62208

Updated retail facility with an ADA bathroom, TPO roof, and fresh interior paint.

Property Size2,700 SF
Price / SF$110.74
Days on Market71

Property Features for 10099 Lincoln Trl

General Information

Standard status Active
Size 2,700 SF

Building Details

Year Built 1987
Listing Agency: Century 21 Bailey & Company
Listed By: Sherry MacKo
Source: Avenuerealtyteam
Added: Aug 5 Changed: Oct 11 Last Checked: Oct 5 at 9:03PM

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 Century 21 Bailey & Company

Investment Insights

Based on property information with market context.

This 2,700-square-foot storefront property in Fairview Heights provides a retail-oriented commercial building with several recent improvements. The interior was renovated for retail occupancy, including work described as bringing the property up to code. An ADA bathroom, fresh paint completed in 2023, and a TPO roof installed in 2022 add to the building’s current functionality. A new furnace was installed in 2019.

Located at 10099 Lincoln Trl, the property sits near a four-way intersection identified as a high-traffic area. The commercial format is presented for potential beauty retail, medical, or general retail-shop applications. Built in 1987, the building offers an established storefront setting for an owner-user or retail-focused operator.

Key Highlights

  • 2,700‑square‑foot storefront commercial building
  • Retail renovation completed with work described as fully up to code
  • New TPO roof installed in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,978
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,560 $539.6K
Cap Rate 7%
$385,400 $385.4K
Cap Rate 9%
$299,756 $299.8K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$42.1K $15.60/SF
− Vacancy
−$3.6K −$1.33/SF
EGI
$38.5K $14.27/SF
− OpEx
−$11.6K −$4.28/SF
NOI
$27.0K $9.99/SF
Area
St. Clair County, IL
Vacancy
8.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,560
Cap Rate 7%
$385,400
Cap Rate 9%
$299,756

Alternative Uses

Best Use
Retail
$385.4K
$337.2K – $449.6K (±1% cap)
NOI $26,978 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$639.2K
$559.3K – $745.7K (±1% cap)
NOI $44,743 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
52k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Electronics 62% Shops & Services 28% Apparel 6% Dining 3%
Best Buy Electronics
32,569 visits/mo 0.5 miles
Dollar General Shops & Services
9,437 visits/mo 0.2 miles
Citi Trends Apparel
3,339 visits/mo 0.5 miles
Valvoline Instant Oil Change Shops & Services
3,139 visits/mo 0.5 miles
China King Dining
1,796 visits/mo 0.3 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Updated retail facility with an ADA bathroom, TPO roof, and fresh interior paint.
Where is this storefront property located?
The property is located at 10099 Lincoln Trl Fairview Heights, IL.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,700‑square‑foot storefront commercial building; Retail renovation completed with work described as fully up to code; New TPO roof installed in 2022
More about this property
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