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Three-Building Office Park
For Sale
$1,000,000

504 Ohara Drive, Troy, IL 62294

Commercial Sale, Troy, IL

Property Size11,900 SF
Lot Size1.33 Acres
Price / SF$84.03
Days on Market55

Property Features for 504 Ohara Drive

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Praireland Ii
Directions GPS
Standard status Active
APN 09-2-22-05-20-402-039
Lot size 1.33 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11512

Building Details

Year built 1997
Listing Agency: Manor Real Estate
Listed By: Caleb Anthonis · License #2021000758
Added: Jul 2 Changed: Aug 24 Last Checked: Aug 25 at 12:06PM
MLS# 26042142

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 office property comprises three buildings at 505 Buckeye, 500 Ohara, and 504 Ohara, providing a combined 11,900 ft2 of office space. Built in 1997, the buildings are positioned on 1.33 acres and are configured for a range of business uses. Approximately 75 parking spaces serve the campus.

The property is located in Troy, IL, near highways 55 and 70. Its address is 504 Ohara Drive, Troy, IL 62294, within Madison County. The multi-building layout creates a sizable office setting with separate structures and shared parking across the site.

Key Highlights

  • Three‑building office property at 505 Buckeye, 500 Ohara, and 504 Ohara
  • Combined office area of 11,900 ft2
  • 1.33‑acre property in Troy, IL

Property Analytics

Current Use

Slc Transportation Inc Trucking Company First Step DUI ... Physician

Suggested Use

Top Pick Law Firm Auto Parts Store Parking Lot & Garage Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 62294, IL

15,431
Population
6,138
Households
2.5
Avg Household Size
39
Median Age
47%
College-Educated
98%
High-School Grad
29.5 sq mi
ZIP Area
523
Density / Sq Mi
$108,418
Median Household Income
$57,002
Median Earnings
$1,069
Median Rent
$255,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office campus near highways 55 and 70, with multiple buildings and convenient on-site parking.
Where is this office building located?
The property is located at 504 Ohara Drive Troy, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Three‑building office property at 505 Buckeye, 500 Ohara, and 504 Ohara; Combined office area of 11,900 ft2; 1.33‑acre property in Troy, IL
More about this property
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