Search
Office/Retail Building with Leasing Potential
For Sale
Contact for pricing

7354 State Rte 162, Troy, IL

12,040 SF building with existing leases and available space.

Property Size4,000 SF
Lot Size1.44 Acres
Price / SF$575
Days on Market537

Property Features for 7354 State Rte 162

General Information

Standard status Active
Size 4,000 SF
Lot size 1.44 Acres
Property subtype OFFICE
Listing Agency: BARBERMurphy
Listed By: Scott Muentnich · License #475203507
Source: Moodyscre
Added: Mar 17, 2025 Changed: Jul 6 Last Checked: Sep 4 at 7:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BARBERMurphy

Investment Insights

Based on property information with market context.

This 12,040 square foot building is suitable for office or retail use. Approximately 8,000 square feet is currently leased, with 2,000 to 4,000 square feet available for lease or owner occupancy. The property benefits from a high-visibility location with an average daily traffic count of 14,500. It features over 60 shared parking spaces, as well as rear parking for tenants. The location provides excellent access to I-55/70, I-270, and Illinois Route 159. The property size is 4,000 square feet.

Key Highlights

  • 12,040 SF Office/Retail Building.
  • High visibility location with 14,500 ADT.
  • Excellent access to I‑55/70, I‑270 & IL Route 159.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Big Box & Wholesale Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - 12,040 SF building with existing leases and available space.
Where is this office building located?
The property is located at 7354 State Rte 162 Troy, IL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 12,040 SF Office/Retail Building.; High visibility location with 14,500 ADT.; Excellent access to I‑55/70, I‑270 & IL Route 159.
(618) 975-0504 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message