Office Suite with Private
701 E Hanover Street, New Baden, IL 62265
For Lease
$1,750/Mo
Commercial Lease, New Baden, IL
Space Size1,000 SF
Lot Size0.24 Acres
Days on Market8
Property Features for 701 E Hanover Street
General Information
Property type
Property subtype
Subdivision
Standard status
APN
Lot size
Additional Details
Condition
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Amenities
reception area
restroom
storage
covered front porch
landscaped lot
paver walkway
signage
Building Details
Year built
Building materials
Listing Agency:
Strano & Associates
(618) 588-9876
Listed By:
Jay Kehrer · License IL #475166243
(618) 670-2422
Added: Nov 3
Last Checked: Nov 10 at 10:06AM
MLS# 26068639
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 701 E Hanover Street in New Baden, this updated office space occupies approximately 1,000 square feet on the first floor. The layout includes reception, two private offices, a conference room that can serve as a third office, and a restroom. Wood-look floors, neutral paint, crown molding, recessed lighting, and storage closets are among the interior features. Unfinished space on the upper level provides additional storage. The building was constructed in 1950 and has forced-air heat and central air conditioning.
The property includes a covered front porch, a landscaped lot, and a paver walkway. The tenant has access to a lighted freestanding sign facing Hanover Street and the lower panel of a second sign by the additional parking lot. Rear parking is available for staff, while front spaces can remain available for visitors. New Baden Chiropractic also operates in the building, with the property owner on site.
The property includes a covered front porch, a landscaped lot, and a paver walkway. The tenant has access to a lighted freestanding sign facing Hanover Street and the lower panel of a second sign by the additional parking lot. Rear parking is available for staff, while front spaces can remain available for visitors. New Baden Chiropractic also operates in the building, with the property owner on site.
Key Highlights
- Approximately 1,000 square feet of updated first‑floor office space
- Reception area, two private offices, conference room or third office, and restroom
- Tenant signage includes a lighted freestanding sign and the lower panel of a second sign
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Explore this area
Business Placement
Demographics for 62265, IL
4,446
Population
1,879
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
93%
High-School Grad
33.6 sq mi
ZIP Area
132
Density / Sq Mi
$88,097
Median Household Income
$50,896
Median Earnings
$1,158
Median Rent
$173,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - A covered porch welcomes visitors to an updated first-floor workspace with a reception area and dedicated client meeting room.
Where is this office unit located?
The property is located at 701 E Hanover Street New Baden, IL.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: Approximately 1,000 square feet of updated first‑floor office space; Reception area, two private offices, conference room or third office, and restroom; Tenant signage includes a lighted freestanding sign and the lower panel of a second sign
