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    1186 State Route 157 Edwardsville, IL 62025

    Sponsored
    For Sale
    $1,900,000

    Prime Edwardsville location, office/warehouse, high traffic.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, located at 1186 S. State Route 157 in Edwardsville, Illinois, presents a unique investment opportunity. Boasting a total of 7190 square feet, the building offers a versatile blend of office and warehouse space, ideal for a variety of commercial uses. The 2429 square foot office area features a welcoming reception area, private offices, a soundproof conference room, a convenient break room, and an upper-level lounge area, providing a comfortable and productive work environment. The expansive 3776 square foot warehouse space is equipped with two oversized 18-foot doors, a 9-foot garage door, high vaulted ceilings, and robust concrete flooring, suitable for heavy equipment. Situated on a 1.28-acre lot, the property benefits from over 205 feet of frontage along State Route 157, a high-traffic area with over 19,900 vehicles passing daily. Ample parking is available with 47 spaces, and there's potential for expansion. The property features a full brick exterior, a 22x59 covered patio/carport, professional landscaping, and attractive green space. A new roof was installed in August 2024. The property also includes monument signage, enhancing its visibility and appeal. This property offers a compelling combination of prime location, substantial space, and high-quality finishes, making it an excellent choice for discerning businesses seeking a prominent presence in a thriving Edwardsville market.

    Property Features for 1186 State Route 157

    General Information

    Property type
    Other commercial real estate
    Lot Size
    55,757 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    Edwardsville
    County
    Madison-IL
    State
    Illinois
    Longitude
    -89.97826
    Latitude
    38.78442

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Edwardsville location, office/warehouse, high traffic.
    Where is this commercial real estate located?
    The property is located at 1186 State Route 157 Edwardsville, IL.
    What is the asking price?
    The asking price for this property is $1,900,000.
    656-2111
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    Edwardsville, IL 62025
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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
    1186 State Route 157 Edwardsville, IL 62025
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