Storefront with Full
For Sale
$139,000
601 Range Lane, Cahokia, IL 62206
Commercial Sale, Cahokia, IL
Property Size576 SF
Lot Size0.22 Acres
Price / SF$241.32
Days on Market115
Property Features for 601 Range Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Commonfields of Cahokia
Directions
From Collinsville Rd, head west on Camp Jackson Rd. Turn onto Range Ln and continue straight. The property is located on the corner, just a short distance down, with easy access and visible from the main road.
Standard status
Active
APN
06-02.0-208-056
Lot size
0.22 Acres
Additional Details
Corner Location
Yes
Taxes and HOA fees
Tax Year
2009
Tax Description
JEROME, PHILOMENE, A. P. LOT/SEC-1 A02796008 A02800566
Legal Description
JEROME, PHILOMENE, A. P. LOT/SEC-1 A02796008 A02800566
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1954
Floors in Building
1
Building materials
Block, Concrete
Buildings
1
Listing Agency:
RE/MAX Results Realty · RE/MAX International
(618) 216-4400
Listed By:
Star Harris
(618) 581-2794
Added: Jul 7
Changed: Oct 23
Last Checked: Oct 29 at 2:06PM
MLS# 26016791
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 576-square-foot storefront at 601 Range Lane provides a compact commercial footprint with flexibility for retail, service, or office use. The concrete-block building includes existing trade fixtures, a full basement, central air, and a newer furnace served by natural-gas forced air heat. Built in 1954, the property offers practical support space beyond the main floor.
The site occupies a corner position in Cahokia and is within walking distance of a local high school. A paved lot provides on-site parking, while the location benefits from both pedestrian and vehicle activity. The 0.22-acre parcel combines a small operating space with basement storage and established mechanical systems.
The site occupies a corner position in Cahokia and is within walking distance of a local high school. A paved lot provides on-site parking, while the location benefits from both pedestrian and vehicle activity. The 0.22-acre parcel combines a small operating space with basement storage and established mechanical systems.
Key Highlights
- 576 sq ft concrete‑block storefront
- Full basement provides additional storage or operational space
- Existing trade fixtures remain in the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,755
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,100
$115.1K
Cap Rate 7%
$82,214
$82.2K
Cap Rate 9%
$63,944
$63.9K
Market Conditions
NOI Build-Up for 576 SF
Gross rent
$9.0K $15.60/SF
− Vacancy
−$764 −$1.33/SF
EGI
$8.2K $14.27/SF
− OpEx
−$2.5K −$4.28/SF
NOI
$5.8K $9.99/SF
Area
St. Clair County, IL
Vacancy
8.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,100
Cap Rate 7%
$82,214
Cap Rate 9%
$63,944
Alternative Uses
Best Use
Retail
$82.2K
$71.9K – $95.9K
NOI $5,755 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$136.4K
$119.3K – $159.1K
NOI $9,545 @ 7.0% cap · market cap 6.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
27k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Groceries 36%
Dining 8%
Electronics 6%
MotoMart
Shops & Services
12,514 visits/mo
0.5 miles
Aldi
Groceries
9,767 visits/mo
0.4 miles
Pizza Hut
Dining
2,127 visits/mo
0.5 miles
Boost Mobile
Electronics
1,514 visits/mo
0.5 miles
Valvoline Instant Oil Change
Shops & Services
1,471 visits/mo
0.4 miles
Demographics for 62206, IL
12,929
Population
6,586
Households
2
Avg Household Size
34
Median Age
12%
College-Educated
86%
High-School Grad
14.5 sq mi
ZIP Area
892
Density / Sq Mi
$39,520
Median Household Income
$27,611
Median Earnings
$1,021
Median Rent
$57,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Concrete-block commercial space includes trade fixtures, central air, and paved on-site parking.
Where is this storefront property located?
The property is located at 601 Range Lane Cahokia, IL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 576 sq ft concrete‑block storefront; Full basement provides additional storage or operational space; Existing trade fixtures remain in the building
