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    5400 N Illinois St Fairview Heights, IL 62232

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    For Lease
    $1,400,000

    1,716 SF medical office space available for lease.

    Property size:
    1,716 SF
    Lot size:
    0.59 Acres

    Property Features for 5400 N Illinois St

    General Information

    Size
    1,716 SF
    Lot size
    0.59 Acres

    Source: BARBERMurphy Agent Anthony Smallmon

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

    Overview

    Former Medical Office For Lease

    This 1,716 square foot space, formerly a medical office, is available for lease. The layout includes a waiting room, five exam rooms, an X-Ray booth, and an administrative area, as well as two restrooms. The building provides 50 parking spaces. Marquee and building signage are available. The property is located on North Illinois Street (IL Route 159), minutes from I-64 (Exit 12). The average daily traffic count on IL Route 159 is 24,200.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    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
    -89.9801792
    Latitude
    38.608053

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    FAQs

    What type of property is this?
    Medical office - 1,716 SF medical office space available for lease.
    Where is this medical office located?
    The property is located at 5400 N Illinois St Fairview Heights, IL.
    What are key features of this property?
    This property features: - High-traffic location on IL Route 159 with 24,200 ADT.; - Convenient access to I-64 (Exit 12).; - Turnkey medical office layout with waiting room, 5 exam rooms, X-Ray booth, admin area, and two restrooms.
    (618) 277-4400
    Request Owner's contact information
    5400 N Illinois St Fairview Heights, IL 62232
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    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
    5400 N Illinois St Fairview Heights, IL 62232
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