2911 N Center Street, Maryville, IL 62062
Commercial Sale - Maryville, IL
- Added:
- Jun 9, 2026
- Days on Market:
- 29
- Last Refresh:
- Jul 7 at 5:06 am
Property Features for 2911 N Center Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 13-1-21-02-03-301-014
- Lot size
- 7.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5777
Building Details
- Year built
- 1960
- Architectural style
- Other
Listing agent Renee Wittenauer License #471018432 (618) 632-8200
Listing office Kunkel Wittenauer Group, Inc 3318 N Illinois, OFallon, IL (618) 632-8200
Listing date Jun 9, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 7.23 acre wooded lot offering a secluded, retreat‑like atmosphere.
- Commercial zoning allows for diverse business uses.
- Located between Interstates 55 and 270, providing easy accessibility.
- Highway 159 signage opportunity to direct clients/customers.
- 1.5+ acres of level/slightly sloping land suitable for additional buildings or redevelopment.
- Existing 2,200SF structure can be renovated or the site can be redeveloped.
Overview
The building is situated near the center of the property, with signage available along Highway 159 to direct visitors to the space, which is not visible directly from the highway. The location is described as being between Interstates 55 and 270, providing access from multiple directions. Approximately 1.5+ acres of the overall lot is level to slightly sloping, which could support additional buildings or redevelopment.
The property is currently zoned for commercial use, opening opportunities for uses that may not have been previously approved under residential zoning. Services are available via well and septic, but the buyer will be required to install a new water line and sewer line per the Village of Maryville, with water and sewer to be run and connected to the site. The combination of a ready-to-renovate building and development area can support tenants or buyers looking to establish a distinctive office or service-oriented facility.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.8k | $24.00 |
| − Vacancy | −$6.3k | −$2.88 |
| EGI | $46.5k | $21.12 |
| − OpEx | −$11.6k | −$5.28 |
| NOI | $34.8k | $15.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Maryville
- County
- Madison
- State
- Illinois
- Longitude
- -89.958895
- Latitude
- 38.736035
