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Twin-Building Flex Space
For Sale
$1,885,000
Pending

1204-1254 INDEPENDENCE Court, Washington, IL 61571

Two industrial buildings combine contractor bays with office end-cap space and shared truck-accessible parking.

Property Size33,120 SF
Days on Market52

Property Features for 1204-1254 INDEPENDENCE Court

General Information

Standard status Pending
Size 33,120 SF
Net Rentable 32,720 SF
Zoning C-3
Occupancy 95%
Lease Type Gross

Warehouse & Industrial

Warehouse Space 12,960 SF
Office Build-Out 7,200 SF

Additional Details

Utilities to Site Yes

Building Details

Year Built 2002
Buildings 2
Tenancy Multi
Listing Agency:
Listed By: Nicholas Campo
Source: Camporealty.idxbroker
Added: Jul 10 Changed: Aug 29 Last Checked: Aug 30 at 1:01PM

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 Nicholas Campo

Investment Insights

Based on property information with market context.

This flex property comprises two industrial buildings with a combined 33,120 square feet, including 32,720 leasable square feet. The layout includes 18 contractor and industrial bays, 7,200 square feet of office area, and 12,960 square feet of warehouse space. Each bay measures 1,440 square feet and includes a gas warehouse heater, individual electrical panel, and plumbing rough-ins. Approximately 75% of the bays have tenant-installed restrooms or utility sinks, and adjoining leased units may be connected through knockouts.

The property is located in Washington, Illinois, and provides a shared parking lot with an entrance suitable for large trucks. Current occupancy totals 30,920 square feet, or 94.5% of leasable area. The remaining 1,800 square feet is on the second floor of the north building’s office end cap; it lacks ADA accessibility because there is no elevator or lift. Zoning is C-3. Leases are modified gross, with tenants paying gas and electric through Ameren while ownership pays municipal water and sewer.

Key Highlights

  • 33,120 SF across two industrial buildings, with 32,720 leasable SF
  • 18 contractor and industrial bays, each measuring 1,440 SF
  • 12,960 SF of industrial warehouse space and 7,200 SF of office area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Big Box & Wholesale Store Pharmacy

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

Lease Details

94.5%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
Under-served
Demand for This Use

Demographics for 61571, IL

24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Flex space - Two industrial buildings combine contractor bays with office end-cap space and shared truck-accessible parking.
Where is this flex space located?
The property is located at 1204-1254 INDEPENDENCE Court Washington, IL.
What is the asking price?
The asking price for this property is $1,885,000.
What are key features of this property?
This property features: 33,120 SF across two industrial buildings, with 32,720 leasable SF; 18 contractor and industrial bays, each measuring 1,440 SF; 12,960 SF of industrial warehouse space and 7,200 SF of office area
More about this property
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