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Mixed-Use Building with Apartment
For Sale
$99,900

308 W Clay Street, Collinsville, IL 62234

Commercial Sale, Collinsville, IL

Property Size2,604 SF
Lot Size0.23 Acres
Price / SF$38.36
Days on Market49

Property Features for 308 W Clay Street

General Information

Property type Commercial Sale
Property subtype Office
Parking features Alley
Subdivision Berkeys Chas Add
Standard status Active
APN 13-2-21-33-07-204-012
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BERKEYS CHAS ADD LOT 4 66X148.5
Tax Annual Amount 2553
Legal Description BERKEYS CHAS ADD LOT 4 66X148.5

Utilities

Water source Public

Amenities

full basement
attached garage

Building Details

Year built 1945
Floors in Building 2
Listing Agency: RE/MAX Preferred · RE/MAX International
Listed By: Chad Doyle · License #475127270
Added: Aug 7 Changed: Sep 24 Last Checked: Sep 24 at 9:06PM
MLS# 26049452

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.

Investment Insights

Based on property information with market context.

This mixed-use property at 308 W Clay Street contains 2,604 finished square feet across an office-oriented main level and an upper-level residential component. The main floor most recently operated as a dental office and may accommodate medical, professional office, or retail use. The upper level provides 1,116 square feet of finished space for a residence or apartment configuration.

The property is zoned for mixed residential/commercial use and sits along a primary throughway in Uptown Collinsville. A full basement adds storage, while the attached garage and alley parking provide additional on-site functionality. Built in 1945, the property includes public water service and occupies a 0.225-acre lot. The sale is strictly as-is, with no seller repairs, warranties, or closing credits.

Key Highlights

  • 2,604 finished square feet on two levels
  • Upper level includes 1,116 square feet of finished residential space
  • Mixed residential/commercial zoning

Property Analytics

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Current Use

Schaulat Michael N ... Dental Office

Suggested Use

Top Pick Real Estate Agency Restaurant Pharmacy Law Firm Parking Lot & Garage Auto Parts 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

1
Office units

Location Intelligence

Trade Area within ½ mile

621
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed residential/commercial property with office space, an upper-level residence, basement storage, and an attached garage.
Where is this mixed-use property located?
The property is located at 308 W Clay Street Collinsville, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 2,604 finished square feet on two levels; Upper level includes 1,116 square feet of finished residential space; Mixed residential/commercial zoning
More about this property
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