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    2021 Illini Ave Vandalia, IL 62471

    For Lease
    $3 SF/Yr ($13,150 /Mo)

    52,600 SF manufacturing plant on 7.5 acres available for lease.

    Property size:
    52,600 SF
    Lot size:
    7.55 Acres

    Property Features for 2021 Illini Ave

    General Information

    Size
    52,600 SF
    Lot size
    7.55 Acres

    Source: BARBERMurphy Agent Steve C Zuber

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

    Overview

    Vandalia Manufacturing Plant for Lease

    This manufacturing plant, totaling 52,600 square feet, is available for lease. The complex consists of three buildings situated on 7.5 acres of fenced land with rocked parking. Building #1 includes 3,360 square feet of office space, Building #2 provides 42,000 square feet suitable for manufacturing, and Building #3 offers 7,250 square feet of warehouse space. The property features 1,500 amp, 3-phase, 480-volt electrical service, ceiling heights ranging from 15 to 17 feet, and column spacing of 25'x40' and 25'x60'. Loading and access are facilitated by two dock doors and eight drive-in doors of varying sizes. The property is located off Hwy 51, approximately 1 mile from I-70 at Exit 63, offering a central location 70 miles from St. Louis, MO, 175 miles from Indianapolis, IN, and 242 miles from Chicago, IL. This location is suitable for manufacturing, warehousing, and distribution purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vandalia
    County
    Fayette
    State
    Illinois
    Longitude
    -89.107695
    Latitude
    38.982857

    Nearby Similar for Lease

    • $1,900 /Mo
      1,522 SF

      Retail Space in Vandalia Commons

      Retail space available in established Vandalia Commons shopping center.
      301 Mattes Ave, Vandalia, IL
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 52,600 SF manufacturing plant on 7.5 acres available for lease.
    Where is this manufacturing property located?
    The property is located at 2021 Illini Ave Vandalia, IL.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - 52,600 Total SF Manufacturing Plant on 7.5 Acres Fenced with Rocked Parking area; - Excellent location: 1.0 mile from I-70, Exit 63, and proximity to major cities; - High power electrical capacity: 1,500 Amp, 3phase, 480 Volt
    (618) 277-4400
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    2021 Illini Ave Vandalia, IL 62471
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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
    2021 Illini Ave Vandalia, IL 62471
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