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Brick Office Building with Basement
For Sale
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2008 Vandalia St, Collinsville, IL 62234

Brick office building with three rented units and a full basement, plus an adjoining 56x72 lot included in the sale.

Property Size3,600 SF
Price / SF$61.36
Days on Market1068

Property Features for 2008 Vandalia St

General Information

Standard status Active
Size 3,600 SF
Property subtype OFFICE

Additional Details

Business Included No
Office Units 3

Building Details

Year Renovated 2018
Construction brick
Tenancy Multi
Listing Agency: Hartmann Realtors, Inc.
Listed By: Jeff Moss
Source: Moodyscre
Added: Oct 13, 2023 Changed: Sep 2 Last Checked: Sep 13 at 10:04AM

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 Hartmann Realtors, Inc.

Investment Insights

Based on property information with market context.

This brick commercial building offers multiple office units with a full basement. There are three units on-site: Unit #1 and Unit #2 are currently rented and scheduled to be vacated on Sept. 30, while Unit #3 is currently rented on a month-to-month basis. The property also includes an additional 56x72 adjoining lot in the sale.

The building received major updates in recent years, including a new roof and HVAC systems installed in 2018, along with new gutters and landscaping in 2019. Parking lot maintenance, snow removal, and lawn care expenses are shared by the office park.

Key Highlights

  • Brick office building in Collinsville with 3 rented units and a full basement
  • Unit #1 and #2 rented at $1,600 total; will be vacated Sept 30th (could be rented separately for more)
  • Unit #3 rented for $700 on month‑to‑month (MTM)

Property Analytics

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Open Analytics

Current Use

U.S. Air Force ... Military Recruiting Office Priority Tactical Security Service Monopoly Beauty Studios Hair Salon US Naval Recruiting Military Recruiting Office Dinámica Designs Glamour ... Hair Salon

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store

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

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

346
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 units - Brick office building with three rented units and a full basement, plus an adjoining 56x72 lot included in the sale.
Where is this office units located?
The property is located at 2008 Vandalia St Collinsville, IL.
What is the asking price?
The asking price for this property is $220,900.
What are key features of this property?
This property features: Brick office building in Collinsville with 3 rented units and a full basement; Unit #1 and #2 rented at $1,600 total; will be vacated Sept 30th (could be rented separately for more); Unit #3 rented for $700 on month‑to‑month (MTM)
(618) 344-7900 Call to check price and availability
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