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    241 N Main St Edwardsville, IL 62025

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    For Lease
    $24 SF/Yr ($9,248 /Mo)

    Prime office space adjacent to Madison County courthouse.

    Property size:
    4,624 SF
    Lot size:
    0.26 Acres

    Property Features for 241 N Main St

    General Information

    Size
    4,624 SF
    Lot size
    0.26 Acres

    Source: BARBERMurphy Agent Carter Marteeny

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

    Overview

    Downtown Edwardsville Office Space

    This 4,624 square feet office space is located in downtown Edwardsville, adjacent to the Madison County courthouse. The updated space, previously occupied by a law firm, features 15 private offices, open workstations, a kitchen, breakrooms, basement storage, and a large reception desk. Off-street parking is available, with a public parking lot located behind the building for additional parking. The property is situated in a highly desirable market with limited availability, near coffee shops, restaurants, and retailers in the downtown corridor. This property is intended for professional office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kevin J Babb ... Legal Services Walton Telken Injury ... Personal Injury Attorney Summers Micah S Attorney E Nicole Carrion ... Attorney Bridwell Financial Group ... Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Edwardsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9555
    Latitude
    38.809563

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    FAQs

    What type of property is this?
    Office space - Prime office space adjacent to Madison County courthouse.
    Where is this office space located?
    The property is located at 241 N Main St Edwardsville, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown location adjacent to Madison County Courthouse.; - 4,624 sf of professional office space.; - Features 15 private offices and open workstations.
    (618) 304-3917
    Request Owner's contact information
    241 N Main St Edwardsville, IL 62025
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    Edwardsville, IL 62025
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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
    241 N Main St Edwardsville, IL 62025
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