Office Investment Property with 9%
For Sale
Contact for pricing
1245 S Mill Street, Nashville, IL 62263
For sale office property marketed with a 9% cap rate and 15,000 SF of total space.
Property Size15,000 SF
Days on Market125
Property Features for 1245 S Mill Street
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Office
Additional Details
Cap Rate
9%
Listing Agency:
RE/MAX Preferred
(618) 444-3888
Listed By:
Linda Miller · License #IL 475145158
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 6:33AM
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 RE/MAX Preferred
Investment Insights
Based on property information with market context.
This for-sale office property is marketed at a 9% cap rate and includes approximately 15,000 SF of office space. The offering is positioned as an office-focused investment, with the stated cap-rate metric reflecting how the property is being underwritten.
The property is located at 1245 S. Mill Street in Nashville, IL 62263. Buyers and brokers should confirm all details directly through the listing materials, including the basis for the stated cap rate and any income or expense assumptions provided by the seller.
The property is located at 1245 S. Mill Street in Nashville, IL 62263. Buyers and brokers should confirm all details directly through the listing materials, including the basis for the stated cap rate and any income or expense assumptions provided by the seller.
Key Highlights
- For sale office property with 15,000 SF total space
- Marketed at a 9.00% cap rate
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Explore this area
Business Placement
Demographics for 62263, IL
5,105
Population
2,293
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
94%
High-School Grad
147.8 sq mi
ZIP Area
35
Density / Sq Mi
$68,931
Median Household Income
$39,788
Median Earnings
$798
Median Rent
$149,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - For sale office property marketed with a 9% cap rate and 15,000 SF of total space.
Where is this office building located?
The property is located at 1245 S Mill Street Nashville, IL.
What are key features of this property?
This property features: For sale office property with 15,000 SF total space; Marketed at a 9.00% cap rate
