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

    404 Bethalto Rd Bethalto, IL 62010

    For Sale
    $398,000

    Profitable Medical Office, High Traffic Area

    Property size:
    2,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This 2,680 square foot executive office building in Bethalto, Illinois, presents a compelling investment opportunity. Currently leased to OSF Medical Group until August 25th, 2025, the property boasts a strong 6.60% cap rate and a net operating income (NOI) of $26,128.82. Built in 1986 and renovated in 2003, the brick building features a reception area, nurse station, lab area, and five exam rooms, making it ideal for medical practices or similar professional uses. Additional amenities include a breakroom, two private offices, and a partial basement with a bathroom. The property sits on a 0.3-acre lot and includes 15 parking spaces, providing ample convenience for staff and clients. Its strategic location just off I-255 in Bethalto, Illinois (zip code 62010), ensures high visibility and accessibility, with an average daily traffic count of 10,350 vehicles. The property is zoned GC and has a parcel number of 19-2-08-12-11-201-038. The asking price is $398,000, representing a price per square foot of $148.51. This turnkey operation offers a solid return on investment with potential for future growth. The building's heating and cooling systems ensure year-round comfort.

    Property Features for 404 Bethalto Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,680 SF
    Lot Size
    13,068 SF

    Building Details

    Year Built/Renovated
    1986/2003

    HighLights

    • $398,000 asking price for this 2,680 square foot executive office building.
    • Located in Bethalto, IL, at 404 West Bethalto, 62010.
    • Features 15 parking spaces on a 0.3‑acre lot.
    • Currently leased to OSF Medical Group, lease expiring August 25, 2025.
    • Building includes a reception area, nurse station, lab area, 5 exam rooms, breakroom, 2 offices, and a partial basement with bathroom.
    • Built in 1986, renovated in 2003, with GC zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Kitchen & Bath Garden Center Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bethalto
    County
    Madison
    State
    Illinois
    Longitude
    -90.0476406
    Latitude
    38.9014205

    Nearby Similar for Sale

    • $289,900
      0.11 Acres

      Versatile Commercial Space in Bethalto

      Remodeled mixed-use property with rental income potential in downtown Bethalto.
      200 W Central St, Bethalto, IL 62010
      View Details
    • $995,000
      6,930 SF

      Insulated Metal Building on Large Lot

      2.96 acre lot with insulated metal building and secured perimeter.
      300 Rue Des Chateau St, Bethalto, IL 62010
      View Details
    • $975,000
      1.09 Acres

      Bethalto Commercial Space For Sale

      Corner lot commercial building with warehouse, showroom, and restaurant.
      705 Texas Blvd, Bethalto, IL 62010
      View Details
    • $1,851,097
      10,640 SF

      Under Construction Mini-Market Store

      10,640 SF freestanding building with NNN lease in Bethalto, IL.
      601 S Moreland Rd, Bethalto, IL 62010
      View Details
    • $375,000
      2,680 SF

      Bethalto Office/Medical Building for Sale

      2,680 SF office/medical building in Bethalto, Illinois for sale.
      404 W Bethalto Dr, Bethalto, IL 62010
      View Details
    • $1,225,000

      Bethalto, IL Commercial Land

      3.5-Acre Mixed-Use Development Opportunity
      103 Mac Arthur Dr, Bethalto, IL 62018
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Profitable Medical Office, High Traffic Area
    Where is this office property / space located?
    The property is located at 404 Bethalto Rd Bethalto, IL.
    What is the asking price?
    The asking price for this property is $398,000.
    What are key features of this property?
    This property features: $398,000 asking price for this 2,680 square foot executive office building.; Located in Bethalto, IL, at 404 West Bethalto, 62010.; Features 15 parking spaces on a 0.3-acre lot.
    (618) 570-8344
    Request Owner's contact information
    404 Bethalto Rd Bethalto, IL 62010
    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.
    404 Bethalto Rd
    Bethalto, IL 62010
    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
    404 Bethalto Rd Bethalto, IL 62010
    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.