Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1501 Il-127 Greenville, IL 62246

    Sponsored
    For Lease
    $13 SF/Yr ($4,875 /Mo)

    Modern plaza, high visibility, 2 suites available

    Lot size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional Greenville, IL property, located at 1501 IL-127 (cross street: E City Rte 40), offers a combined 4,500 square feet of versatile commercial space. Built in 2017, this single-story building sits on a 0.34-acre lot (15,246 sq ft) and features two suites available for lease. Currently, 2,900 square feet is vacant, with a maximum contiguous space of 1,500 square feet. The property is ideally suited for a variety of uses, including executive offices, traditional offices, retail, restaurants, or boutiques. Its prime location provides high traffic visibility directly off Route 127, offering excellent exposure to potential customers. The plaza's modern design provides a clean and attractive setting for businesses. The property's proximity to downtown Greenville and Greenville University ensures a strong customer base and convenient access for employees and clients. This is a rare opportunity to secure a well-located, modern commercial space in a thriving community. The available space is perfect for businesses seeking a high-visibility location with ample room for growth.

    Property Features for 1501 Il-127

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,500 SF
    Total Rate
    4875

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit B
    Size
    1,400 SF
    Rate per SF
    $13
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Greenville
    County
    Bond
    State
    Illinois
    Longitude
    -89.390680994272
    Latitude
    38.879661802903

    Nearby Comparable

    • $0.99 SF/Yr

      I-64 & IL-157 Commercial Land

      Prime IL Interstate land, 11 lots available
      I-64 And Il-157, Mulberry Grove, IL 62262
      View Details
    • $3 SF/Yr
      52,600 SF

      Vandalia Manufacturing Plant for Lease

      52,600 SF manufacturing plant on 7.5 acres available for lease.
      2021 Illini Ave, Vandalia, IL 62471
      View Details
    • $1,900 /Mo
      1,522 SF

      Retail Space in Vandalia Commons

      Retail space available in established Vandalia Commons shopping center.
      301 Mattes Ave, Vandalia, IL
      View Details
    • Contact for pricing

      Prime Commercial Land Available

      10 acres of divisible land in Mt. Vernon, IL.
      100 N 44 St Mt, Vernon, IL
      View Details
    • Contact for pricing
      1,378 SF

      Medical Office Space Available

      Class A medical building connected to St. Mary’s Hospital.
      2 Good Samaritan Way Mt, Vernon, IL
      View Details
    • $15 SF/Yr
      3,244 SF

      Retail Space in Mt. Vernon

      Retail space available in a high-traffic area of Mt. Vernon.
      3914-4017 Broadway St Mt, Vernon, IL
      View Details
    • Contact for pricing

      Prime Clinton County Retail Land

      Two buildable outlots near Walmart.
      2591 12Th St, Carlyle, IL 62231
      View Details
    • $18 SF/Yr
      1,855 SF

      New Office Space Available

      Newly constructed office space near St. Joseph's Hospital.
      5-25 Apex Dr, Highland, IL 62249
      View Details
    • $10 SF/Yr
      3,040 SF

      Remodeled Medical Office Suite

      3,040 SF remodeled medical office suite for lease.
      1628-1336 Mercantile Dr, Highland, IL 62249
      View Details
    • $10 SF/Yr
      25,000 SF

      Highland Medical Office Space for Sale

      Prime 3,040 SF medical office, newly renovated.
      1336 Mercantile Dr, Highland, IL 62249
      View Details
    • $14 SF/Yr
      25,070 SF

      Highland Medical Office Space

      Prime Retail Location, Multiple Suites Available
      12603 State Route 143, Highland, IL 62249
      View Details
    • Contact for pricing

      Commercial Land Near Walmart

      High-visibility land suitable for single-tenant building near Walmart.
      2573 12Th St, Carlyle, IL 62231
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Modern plaza, high visibility, 2 suites available
    Where is this individual retail property located?
    The property is located at 1501 Il-127 Greenville, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    Request Owner's contact information
    1501 Il-127 Greenville, IL 62246
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1501 Il-127
    Greenville, IL 62246
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 Il-127 Greenville, IL 62246
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.