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    1004 Division St Carterville, IL 62918

    Sponsored
    For Sale
    $129,900

    1,000 SF Office, $129,900

    Property size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1,000 square foot, single-story office building in Carterville, Illinois is available for sale at $129,900. Located at 1004 S Division St, this Class C property sits on a 4,250 square foot lot and includes 6 parking spaces. Built in 1970 and renovated in 2007, the building features a traditional office layout, currently 100% occupied under a gross lease with a remaining term of approximately two years, expiring May 31, 2024. The tenant, Miracle Ear Hearing Enhancement, LLC, commenced occupancy on June 1, 2023. The property is zoned for primary business use and presents an excellent owner-user or investment opportunity. Additional property data and interior photos are available upon request. The building is a single unit with a price per square foot of $129.90.

    Property Features for 1004 Division St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,000 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1970/2007
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Excellent investment opportunity or owner‑user space.
    • Currently leased to Miracle Ear Hearing Enhancement, LLC.
    • Contact sales@ihr‑inc.com for property details and photos.
    • 2% buyer's broker commission.
    Property Profile Location Intelligence

    Current Use by Public Records

    Miracle-Ear Hearing Aid ... Hearing Aid Store

    Suggested Use

    Auto Repair Shop Hotel & Motel Auto Parts Store Daycare Center Bed & Breakfast 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
    -89.077179503793
    Latitude
    37.751094282591

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    FAQs

    What type of property is this?
    Office Property / Space - 1,000 SF Office, $129,900
    Where is this office property / space located?
    The property is located at 1004 Division St Carterville, IL.
    What is the asking price?
    The asking price for this property is $129,900.
    What are key features of this property?
    This property features: Excellent investment opportunity or owner-user space.; Currently leased to Miracle Ear Hearing Enhancement, LLC.; Contact [email protected] for property details and photos.
    Request Owner's contact information
    1004 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
    1004 Division St Carterville, IL 62918
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