Granite City Office Investment
For Sale
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2421 Corporate Center, Granite City, IL 62040
25,000 SF office building with 93% occupancy in Granite City.
Property Size25,000 SF
Price / SF$71.96
Days on Market819
Property Features for 2421 Corporate Center
General Information
Standard status
Active
Size
25,000 SF
Class
B
Total Parking Spaces
73
Property subtype
Office
Zoning
Commercial
Occupancy
93%
Lease Type
Gross
Investment Type
Stabilized
Net Operating Income
$183,868
Building Details
Year Built
1979
Year Renovated
1999
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Barbermurphy Group
(618) 277-4400
Listed By:
Katie Bush · License #IL 475209285
Source:
Crexi
Added: May 24, 2024
Changed: Aug 19
Last Checked: Aug 19 at 12:56AM
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 Group
Investment Insights
Based on property information with market context.
This 25,000 square foot office investment property features 93% occupancy. Anchor tenants include Bethany, occupying 25% of the rentable space with recent expansion and lease extensions, and Quantum Vision, occupying 22%. The property offers room for growth and additional income. The HVAC system for the second floor was replaced in 2021. The first-floor unit was rebuilt, and its compressors were replaced in 2014. The roof was replaced in 2025. Landscaping and parking lot surface patched and striped in 2024. Located in a professional office park in Granite City, Illinois, the property provides convenient access to major highways, including Interstate 270.
Key Highlights
- High occupancy rate of 93% indicates strong income potential.
- Anchor tenants Bethany and Quantum Vision provide stable income with recent lease extensions and expansion.
- New roof installed in 2025.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 25,000 SF office building with 93% occupancy in Granite City.
Where is this office building located?
The property is located at 2421 Corporate Center Granite City, IL.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: High occupancy rate of 93% indicates strong income potential.; Anchor tenants Bethany and Quantum Vision provide stable income with recent lease extensions and expansion.; New roof installed in 2025.
