Property summary
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 profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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