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Multi-Level Office Building
For Sale
$140,000

1518 Vandalia Street, Collinsville, IL 62234

Corner office property with private workspaces, rear parking, and storage across multiple levels.

Property Size2,671 SF
Price / SF$52.41
Days on Market349

Property Features for 1518 Vandalia Street

General Information

Standard status Active
Size 2,671 SF
Total Parking Spaces 20
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $4,121

Building Details

Building Size 2,671 SF
Year Built 1965
Buildings 1
Listing Agency: RE/MAX Alliance
Listed By: Jim Reppell · License #475125734
Source: Century21laclede
Added: Sep 4, 2025 Changed: Aug 12 Last Checked: Aug 16 at 4:05PM

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 Alliance

Investment Insights

Based on property information with market context.

This 2,671-square-foot office building was constructed in 1965 and is currently configured for accounting and law offices. The main level contains 7 private offices, while the upper level adds several more offices and a 25' x 8' multipurpose area. A basement provides storage for files or equipment, and parking is located behind the building.

The property occupies a corner lot along State Highway 159, also known as Vandalia Street, a few blocks south of the Belt Line in Collinsville. Its multi-level layout, professional office configuration, and existing storage support continued office use or adaptation for other business functions.

Key Highlights

  • 2,671‑square‑foot office building constructed in 1965
  • 7 private offices on the main level
  • Upper level includes 5 or 6 additional offices and a 25' x 8' multipurpose area

Property Analytics

Current Use

Cain & Associates Accounting Firm

Suggested Use

Top Pick Restaurant Law Firm Building Supply Real Estate Agency Dental Office 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

469
Businesses Nearby

Demographics for 62234, IL

31,843
Population
14,947
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
92%
High-School Grad
37.3 sq mi
ZIP Area
854
Density / Sq Mi
$66,437
Median Household Income
$41,710
Median Earnings
$995
Median Rent
$162,000
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?
Office building - Corner office property with private workspaces, rear parking, and storage across multiple levels.
Where is this office building located?
The property is located at 1518 Vandalia Street Collinsville, IL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 2,671‑square‑foot office building constructed in 1965; 7 private offices on the main level; Upper level includes 5 or 6 additional offices and a 25' x 8' multipurpose area
More about this property
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