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    5317-5327 N Illinois St Fairview Heights, IL 62232

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    For Lease
    $13 SF/Yr ($2,812 /Mo)

    Retail/office spaces available in high-traffic Fairview Heights location.

    Property size:
    2,500 SF
    Lot size:
    1.38 Acres

    Property Features for 5317-5327 N Illinois St

    General Information

    Size
    2,500 SF
    Lot size
    1.38 Acres

    Source: BARBERMurphy Agent Matt Barriger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail/Office Center in Fairview Heights

    Fairview Plaza is a 12,800 square foot retail and office center offering spaces for lease. Available spaces range from 2,100 to 7,100 square feet, with options for customization based on tenant requirements. Specifically, there are two 2,500 square foot bays and one 2,100 square foot bay. Building and marquee signage opportunities are available. The property is situated on North Illinois (IL Route 159) in Fairview Heights, benefiting from a high-traffic location with an average daily traffic count of 26,000 vehicles on Route 159. It is located one mile south of I-64 (Exit 12).
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9855517
    Latitude
    38.6162693

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    FAQs

    What type of property is this?
    Strip mall - Retail/office spaces available in high-traffic Fairview Heights location.
    Where is this strip mall located?
    The property is located at 5317-5327 N Illinois St Fairview Heights, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location with 26,000 ADT on Route 159.; - Space is customizable based on tenant needs.; - Building and Marquee signage available.
    (618) 277-4400
    Request Owner's contact information
    5317-5327 N Illinois St Fairview Heights, IL 62232
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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
    5317-5327 N Illinois St Fairview Heights, IL 62232
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