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    5 Ludwig Dr Fairview Heights, IL

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    For Sale
    $1,255,500

    Stable healthcare investment with a reputable tenant and rent increases.

    Property size:
    5,080 SF
    Lot size:
    1.26 Acres

    Property Features for 5 Ludwig Dr

    General Information

    Size
    5,080 SF
    Lot size
    1.26 Acres

    Source: Echo West Capital Advisors Agent Jake Butterfield

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

    Overview

    Medical Space with Long-Term Tenant

    This medical space is leased to Hospital Sisters Health System (HSHS), a nonprofit healthcare provider with an “A+” credit rating from both S&P and Fitch Ratings. HSHS operates 15 hospitals in Illinois and Wisconsin, including two children’s hospitals and an integrated network of nearly 2,300 physicians. The tenant has been operating at this location since 2013 and recently exercised its second five-year option, demonstrating its long-term commitment to the site. The property offers above-market 4% annual rent increases. HSHS provides high-demand medical services including heart and vascular, hospice, mammogram, and home health. In August 2020, a new roof was installed with brand-new gutters and soffits. The property is currently undergoing additional improvements, including clearing out underbrush and trees surrounding the property line, as well as the installation of new parking lot and building lighting. The property contains 5,080 square feet.
    Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -89.990382
    Latitude
    38.5889386

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    FAQs

    What type of property is this?
    Medical space - Stable healthcare investment with a reputable tenant and rent increases.
    Where is this medical space located?
    The property is located at 5 Ludwig Dr Fairview Heights, IL.
    What is the asking price?
    The asking price for this property is $1,255,500.
    What are key features of this property?
    This property features: - Investment property leased to Hospital Sisters Health System (HSHS), a reputable healthcare provider with an “A+” credit rating.; - Above-market 4% annual rent increases, providing compounding yields.; - HSHS Medical Group exercised its second five-year option, demonstrating long-term commitment to the location since 2013.
    (602) 628-6298
    Request Owner's contact information
    5 Ludwig Dr Fairview Heights, IL
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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
    5 Ludwig Dr Fairview Heights, IL
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