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Two-Suite Office Building

1602 Pontoon Rd, Granite City, IL 62040

For Sale
$220,000

Two independent office suites provide flexibility for occupancy in one or both spaces.

Property Size2,464 SF
Price / SF$89.29
Days on Market12

Property Features for 1602 Pontoon Rd

General Information

Standard status Active
Size 2,464 SF
Total Parking Spaces 12

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Furnished Yes
Office Units 2
Property Use Office

Taxes and HOA fees

Annual Taxes $7,307

Building Details

Year Built 2007
Buildings 1
Listing Agency: Century 21 Bailey & Company
Listed By: Michelle Orlando · License #475.215512
Source: Exprealty
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 11:43AM

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 Century 21 Bailey & Company

Rey
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Investment Insights

Based on property information with market context.

Built in 2007, this 2,464-square-foot office property is configured as two suites, each with a separate entrance, restroom, and utilities. One suite has a kitchenette with a sink and refrigerator. Office furniture and a printer are included in the sale, and both suites are vacant. The building is at 1602 Pontoon Road in Granite City, Illinois, and includes 12 parking spaces for customers and staff.

The two-suite layout allows the spaces to be occupied separately or together. Any use remains subject to applicable zoning and approvals.

Key Highlights

  • 2,464‑square‑foot office building constructed in 2007
  • Two vacant suites, each with its own entrance, restroom, and utilities
  • 12 parking spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Parking Lot & Garage Skin Care Clinic Hair Salon Law Firm

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

2
Office units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby

Demographics for 62040, IL

40,872
Population
18,842
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
89%
High-School Grad
39.9 sq mi
ZIP Area
1,024
Density / Sq Mi
$60,558
Median Household Income
$40,963
Median Earnings
$852
Median Rent
$106,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Madison County, IL

$124 Jul
$129 Aug
$157 Sep
$139 Oct

Properties on Market for Office buildings in Madison County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Two independent office suites provide flexibility for occupancy in one or both spaces.
Where is this office building located?
The property is located at 1602 Pontoon Rd Granite City, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 2,464‑square‑foot office building constructed in 2007; Two vacant suites, each with its own entrance, restroom, and utilities; 12 parking spaces
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