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Commercial Building with Multiple Offices
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4295 N Holly Rd, Olney, IL 62450

Three-story commercial building featuring multiple offices and conference rooms.

Property Size11,700 SF
Price / SF$68.29
Days on Market1701

Property Features for 4295 N Holly Rd

General Information

Standard status Active
Size 11,700 SF
Property subtype Office

Building Details

Year Built 1983
Listing Agency: Burke Auction & Realty
Listed By: Bill Burke · License #IL
Source: Crexi
Added: Dec 7, 2021 Changed: Jul 6 Last Checked: Aug 3 at 8:02AM

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 Burke Auction & Realty

Investment Insights

Based on property information with market context.

This commercial building offers three floors accessible by an elevator, front stairs, and back stairs. The building features insulated glass, wood, and double-hung windows. The first floor includes eight offices, a conference room, two restrooms, and a reception area. The second floor provides twelve offices and one restroom. The third floor contains four offices, a reception area, a fully furnished kitchen, two restrooms, and a large conference area. The building has a Duro-Last roof installed on January 15, 2009. Heating and cooling are provided by Lennox gas forced air furnaces with geothermal. A pull alarm fire control and a security system are in place. The building is handicapped accessible. This property can be leased separately or together with 600 S. Camp St., Olney, IL.

Key Highlights

  • Geothermal heating & cooling system for energy efficiency
  • Elevator and handicapped accessibility
  • Multiple offices and conference rooms across three floors

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Dental Office Big Box & Wholesale Store Restaurant Hair Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 62450, IL

11,978
Population
5,881
Households
2
Avg Household Size
43
Median Age
21%
College-Educated
92%
High-School Grad
157.3 sq mi
ZIP Area
76
Density / Sq Mi
$60,133
Median Household Income
$37,218
Median Earnings
$761
Median Rent
$111,600
Median Home Value

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 building - Three-story commercial building featuring multiple offices and conference rooms.
Where is this office building located?
The property is located at 4295 N Holly Rd Olney, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Geothermal heating & cooling system for energy efficiency; Elevator and handicapped accessibility; Multiple offices and conference rooms across three floors
More about this property
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