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    4273 S State Route 159 Glen Carbon, IL 62034

    For Lease
    $17 SF/Yr ($11,333 /Mo)

    Highly visible medical office building with easy highway access.

    Property size:
    8,000 SF
    Lot size:
    0.62 Acres

    Property Features for 4273 S State Route 159

    General Information

    Size
    8,000 SF
    Lot size
    0.62 Acres

    Source: BARBERMurphy Agent Collin Fischer

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

    Overview

    Medical Office Building For Lease

    This highly visible medical office building is located in Edwardsville and offers convenient access from IL-159, which sees over 24,000 vehicles per day. It is also situated less than 1 mile from I-270 (Exit 12). The property has a total size of 8,000 square feet. The main floor previously operated as an urgent care facility and includes 7 exam rooms, an x-ray room, and a small procedure room, according to the floor plan. The second floor, accessible at grade level from the rear parking lot, features 9 exam rooms and physician's offices, along with a large reception area, as depicted in the floor plan. The property is suitable for medical offices.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gateway Medical Group ... Endocrinologist

    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.

    Similar Places Nearby

    Hawthorne Animal Hospital, Ltd, Banfield Pet Hospital, Hawthorne Animal Hospital Ltd: Myer Paul DVM, The Dog House - by Hawthorne Animal Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Glen Carbon
    County
    Madison
    State
    Illinois
    Longitude
    -89.9573
    Latitude
    38.768158

    Nearby Similar for Lease

    • $2,235 /Mo
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      Glen Carbon Professional Office Space

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      6 Ginger Crk Vlg Dr, Glen Carbon, IL 62034
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    • $30 SF/Yr
      4,700 SF

      Meridian Plaza: Retail Spaces Available

      Glen Carbon, IL: Prime Retail Opportunity
      86 Magnolia Dr, Glen Carbon, IL 62034
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    • $27 SF/Yr
      1,755 SF

      Retail Space Near Retail Centers

      Retail space with high visibility near major retail centers.
      3000-3024 State Route 159, Glen Carbon, IL 62034
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    FAQs

    What type of property is this?
    Medical office - Highly visible medical office building with easy highway access.
    Where is this medical office located?
    The property is located at 4273 S State Route 159 Glen Carbon, IL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible medical office building.; - Easy access from IL-159 with 24,000+ ADT.; - Less than 1 mile from I-270 (Exit 12).
    (618) 420-2376
    Request Owner's contact information
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    Glen Carbon, IL 62034
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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
    4273 S State Route 159 Glen Carbon, IL 62034
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