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Lower-Level Office Suite
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195-199 E US Highway 40, Troy, IL 62294

Office suite with reception, private offices, file storage, and a restroom in a shared commercial building.

Space Size1,600 SF
Days on Market9

Property Features for 195-199 E US Highway 40

General Information

Standard status Active
Size 1,600 SF
Net Rentable 1,350 SF
Property subtype OFFICE

Space & Availability

Available Space 1,350 SF
Contiguous Space 1,350 SF
Floor Lower Level
Space Use Office
Private Offices 3

Site & Location

Highway Access Yes
Road Access Yes

Amenities

shared parking
monument signage
direct front-door access

Building Details

Stories 1
Tenancy Multi

Spaces For Lease

at 195-199 E US Highway 40 Contact us

Office/Retail Space for Lease $15/SF/Yr

Floor
1
Size
1,600 SF
Type
OFFICE
Lease Type
NET_NNN
Availability
AVAILABLE
1,600 SF main-level space featuring a reception area, private office, restroom, and...
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Listing Agency: BARBERMurphy
Listed By: John L Eichenlaub · License #471004100
Source: Moodyscre
Added: Aug 3 Changed: Aug 9 Last Checked: Aug 10 at 9:14AM

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 BARBERMurphy

Investment Insights

Based on property information with market context.

The 1,350-square-foot lower-level suite includes a reception area, three private offices, a file room, and a restroom. The space is part of a single-story, multi-tenant commercial building with walkout basement access and a shared parking lot. Direct front-door entry and signage facing US-40 support customer and visitor access.

Located at 195-199 E US Highway 40 in Troy, the property sits along the east-west commercial corridor and provides access to I-55/I-70 and the Troy business district. The interstate connection is typically less than 0.5 miles away. The building configuration and stated zoning support office, retail, personal service, and light commercial uses.

Key Highlights

  • 1,350 SF lower‑level office suite
  • Reception area, 3 private offices, file room, and restroom
  • Shared parking lot with direct front‑door access

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Nail Salon Hair Salon

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby

Demographics for 62294, IL

15,431
Population
6,138
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
98%
High-School Grad
29.5 sq mi
ZIP Area
523
Density / Sq Mi
$108,418
Median Household Income
$57,002
Median Earnings
$1,069
Median Rent
$255,700
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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Frequently Asked Questions

What type of property is this?
Office units - Office suite with reception, private offices, file storage, and a restroom in a shared commercial building.
Where is this office units located?
The property is located at 195-199 E US Highway 40 Troy, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,350 SF lower‑level office suite; Reception area, 3 private offices, file room, and restroom; Shared parking lot with direct front‑door access
(618) 277-4400 Call to check price and availability
More about this property
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