Leased Office
For Sale
Contact for pricing
Pending
500 South Illinois Street, Millstadt, IL 62260
Office building with four fully leased units, one tenant occupying two, and tenants paying all utilities.
Days on Market111
Property Features for 500 South Illinois Street
General Information
Standard status
Pending
Property subtype
Office
Occupancy
100%
Additional Details
Office Units
4
Building Details
Tenancy
Multi
Listing Agency:
Century 21 Advantage Real Estate
Listed By:
Ann Murray · License #IL
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 30 at 3:45AM
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 Century 21 Advantage Real Estate
Investment Insights
Based on property information with market context.
This office building offers a rental configuration of four fully leased units, with one tenant occupying two units. The building is presented as an investment opportunity, and tenants are responsible for all utilities. Each unit can be shown with 24 hours notice.
The property is located at 500 South Illinois Street in Millstadt, Illinois. Public remarks describe the building as being in a busy location.
Prospective purchasers and tenants should note the current lease occupancy and utility responsibility structure, along with the straightforward viewing process with advance notice for unit access.
The property is located at 500 South Illinois Street in Millstadt, Illinois. Public remarks describe the building as being in a busy location.
Prospective purchasers and tenants should note the current lease occupancy and utility responsibility structure, along with the straightforward viewing process with advance notice for unit access.
Key Highlights
- Office building with 4 fully leased units
- One tenant occupies two of the 4 units
- Tenants pay all utilities
Property Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
213
Businesses Nearby
Explore this area
Business Placement
Demographics for 62260, IL
7,162
Population
2,863
Households
2.5
Avg Household Size
46
Median Age
31%
College-Educated
98%
High-School Grad
43.9 sq mi
ZIP Area
163
Density / Sq Mi
$93,929
Median Household Income
$52,766
Median Earnings
$1,000
Median Rent
$229,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Office building with four fully leased units, one tenant occupying two, and tenants paying all utilities.
Where is this office units located?
The property is located at 500 South Illinois Street Millstadt, IL.
What are key features of this property?
This property features: Office building with 4 fully leased units; One tenant occupies two of the 4 units; Tenants pay all utilities