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5403 N Illinois St Fairview Heights, IL 62232

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For Sale
$260,000

Fully leased office building in high-traffic Fairview Heights location.

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

Property Features for 5403 N Illinois St

General Information

Size
1,716 SF
Lot size
0.31 Acres

Source: BARBERMurphy Agent John L Eichenlaub

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


Overview

Leased Office Building Investment

This is an investment opportunity to acquire a fully leased office building located on North Illinois Street in Fairview Heights. The property is situated in a high-traffic, high-visibility location with an average daily traffic count of 27,000 vehicles. The building was remodeled in 2019. The property size is 1,716 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office buildings

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

FAQs

What type of property is this?
Office building - Fully leased office building in high-traffic Fairview Heights location.
Where is this office building located?
The property is located at 5403 N Illinois St Fairview Heights, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: - High CAP rate: 9%; - Fully leased office building; - High traffic/visibility location: 27,000 ADT
More about this property
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