B-3 Mixed-Use Property with
New
For Sale
$300,000
325 S Main Street, Shiloh, IL 62269
Commercial Sale, Shiloh, IL
Property Size1,200 SF
Lot Size0.20 Acres
Price / SF$250
Days on Market4
Property Features for 325 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Carport, Garage
Fencing
Chain Link
Appliances
Stainless Steel Appliance(s), Electric Cooktop, Dishwasher, Dryer, Free-Standing Range, Free-Standing Refrigerator, Wall Oven, Washer
Subdivision
J H Atkinsons 02 Add/Shiloh
Directions
GPS Friendly
Standard status
Active
APN
09-05.0-405-010
Lot size
0.20 Acres
Additional Details
Property Use
Industrial
Taxes and HOA fees
Tax Year
2025
Tax Description
ATKINSONS, J H, 2NDADD SHILOH LOT/SEC-4 BK 2797-1319
Tax Annual Amount
4112
Legal Description
ATKINSONS, J H, 2NDADD SHILOH LOT/SEC-4 BK 2797-1319
Utilities
Utilities
Cable Available
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Listing Agency:
RE/MAX Preferred · RE/MAX International
(618) 624-2111
Listed By:
Jason Buss · License #475162134
(618) 580-1016
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 2 at 10:06PM
MLS# 26063986
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.
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Investment Insights
Based on property information with market context.
This B-3-zoned mixed-use property contains two rental apartments in the main building. Apartment A offers 2,623 square feet with 6 bedrooms and multiple bathrooms; Apartment B has 1,114 square feet, 2 bedrooms, 1 bathroom, and a sunroom. Both units include kitchens and laundry rooms, and the property has additional storage and a half bath in the basement. Appliances remain with the property.
A separate 1,200-square-foot garage building has gas and electric service. The property occupies 0.2 acres in Shiloh, Illinois. Apartment leases are month to month; tenants pay gas and electric, while the owner pays water.
A separate 1,200-square-foot garage building has gas and electric service. The property occupies 0.2 acres in Shiloh, Illinois. Apartment leases are month to month; tenants pay gas and electric, while the owner pays water.
Key Highlights
- Two apartments in the main building: 2,623 SF and 1,114 SF
- Apartment A has 6 bedrooms and multiple bathrooms; Apartment B has 2 bedrooms, 1 bathroom, and a sunroom
- Separate 1,200‑square‑foot garage building with gas and electric service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,150
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,000
$243.0K
Cap Rate 7%
$173,571
$173.6K
Cap Rate 9%
$135,000
$135.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$2.2K −$1.80/SF
EGI
$19.4K $16.20/SF
− OpEx
−$7.3K −$6.07/SF
NOI
$12.2K $10.13/SF
Area
St. Clair County, IL
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,000
Cap Rate 7%
$173,571
Cap Rate 9%
$135,000
Alternative Uses
Best Use
Mixed Use
$173.6K
$151.9K – $202.5K
NOI $12,150 @ 7.0% cap · market cap 4.05%
Second Best
Multifamily LT 5
$141.4K
$123.7K – $164.9K
NOI $9,896 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$284.1K
$248.6K – $331.4K
NOI $19,886 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 62269, IL
36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two rental apartments accompany a separate garage building, with leases currently on a month-to-month basis.
Where is this mixed-use property located?
The property is located at 325 S Main Street Shiloh, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two apartments in the main building: 2,623 SF and 1,114 SF; Apartment A has 6 bedrooms and multiple bathrooms; Apartment B has 2 bedrooms, 1 bathroom, and a sunroom; Separate 1,200‑square‑foot garage building with gas and electric service
