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Multi-Building Storage and Office Property
For Sale
Contact for pricing
Pending

300 State Route 203, Madison, IL 62060

Three-building setup includes an oversized storage building plus smaller office space on frontage road access.

Property Size5,751 SF
Days on Market132

Property Features for 300 State Route 203

General Information

Standard status Pending
Size 5,751 SF
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Coldwell Banker Brown Realtors
Listed By: Angie Judd Uram · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 19 at 11:06PM

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 Coldwell Banker Brown Realtors

Investment Insights

Based on property information with market context.

This multi-building property includes three separate structures designed for flexible use. Building 1 is a 1,631-square-foot brick ranch with three bedrooms, a new furnace, and some appliances; the property will need some TLC to rehab, with much of the work expected to be cosmetic. Building 2 is a 200-square-foot office space currently being used as a car lot. Building 3 is an oversized 3,920-square-foot storage building with many possible options.

The site is described as centrally located near Highway 55/64/70, just minutes from Madison National Racetrack and St. Louis, MO. All buildings are set on frontage road with easy visibility from the highway and access suited to a larger parcel.

The property is offered on more than 2 acres of ground, providing room to support the different building components on-site.

Key Highlights

  • Three‑building setup on frontage road with easy access and visibility from Hwy 55/64/70.
  • Building #1: 1,631 SF brick ranch with 3 bedrooms; new furnace and some appliances included; will need TLC for cosmetic rehab.
  • Building #2: 200 SF office space currently being used as a car lot.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Law Firm Hair Salon Big Box & Wholesale Store Parking Lot & Garage Gym & Fitness Center

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
Balanced
Demand for This Use

Demographics for 62060, IL

3,865
Population
2,018
Households
1.9
Avg Household Size
40
Median Age
7%
College-Educated
82%
High-School Grad
3.5 sq mi
ZIP Area
1,104
Density / Sq Mi
$40,139
Median Household Income
$35,762
Median Earnings
$1,019
Median Rent
$53,600
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
Rey
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Similar Off Market Nearby

  • APC Warehouse Co 1000 Access Rd, Madison, IL 62060
  • Madison Storage 1936 3rd St, Madison, IL 62060

Frequently Asked Questions

What type of property is this?
Warehouse - Three-building setup includes an oversized storage building plus smaller office space on frontage road access.
Where is this warehouse located?
The property is located at 300 State Route 203 Madison, IL.
What are key features of this property?
This property features: Three‑building setup on frontage road with easy access and visibility from Hwy 55/64/70.; Building #1: 1,631 SF brick ranch with 3 bedrooms; new furnace and some appliances included; will need TLC for cosmetic rehab.; Building #2: 200 SF office space currently being used as a car lot.
More about this property
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