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    1002 Division St Carterville, IL 62918

    For Sale
    $159,900

    Prime location, 2100 sq ft office.

    Property size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,100 square foot executive office building, located at 1002 S Division St, Carterville, IL 62918, presents a unique owner-user or investment opportunity. Built in 1920 and extensively renovated in 2012, this Class C property boasts a desirable location within Williamson County, zoned for primary business use. The building features two stories, encompassing a single unit with 100% occupancy since June 1, 2023. The gross lease structure simplifies management, and the property includes ample parking with 12 spaces. Situated on an 11,050 square foot lot, this property offers a compelling price per square foot of $76.14, with an asking price of $159,900. The building's 2,100 net rentable square feet provide ample space for a variety of business needs. No rent bumps are anticipated. This is a single-tenant property with no tenant credit rating. The property is ready for immediate occupancy. This is an excellent opportunity for a business seeking a well-maintained, established office space or an investor looking for a strong return.

    Property Features for 1002 Division St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,100 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1920/2012
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • 2,100 SF executive office building in Carterville, IL.
    • Class C property, built in 1920, renovated in 2012, zoned for primary business use.
    • 100% occupied single‑tenant building since June 1, 2023, with a gross lease structure.
    • 12 parking spaces on an 11,050 SF lot; asking price $159,900 ($76.14/SF).
    • Immediate occupancy available; 3% buyer broker commission.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment House Realtors, ... Real Estate Agency Tric Systems Inc Software Company

    Suggested Use

    Auto Repair Shop Hotel & Motel Auto Parts Store Daycare Center Computer & Electronic Repair Tech Support Center Assisted Living Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Carterville
    County
    Williamson
    State
    Illinois
    Longitude
    -89.077178629861
    Latitude
    37.751386792626

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, 2100 sq ft office.
    Where is this office property / space located?
    The property is located at 1002 Division St Carterville, IL.
    What is the asking price?
    The asking price for this property is $159,900.
    What are key features of this property?
    This property features: 2,100 SF executive office building in Carterville, IL.; Class C property, built in 1920, renovated in 2012, zoned for primary business use.; 100% occupied single-tenant building since June 1, 2023, with a gross lease structure.
    Request Owner's contact information
    1002 Division St Carterville, IL 62918
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    Carterville, IL 62918
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    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
    1002 Division St Carterville, IL 62918
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