Property profile

850 Vandalia St Collinsville, IL 62234

OFF-MARKET
Office Spaces
2,112 SF Built 2000
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Property summary

AI-generated overview

This exceptional Collinsville, IL property, located at 850 Vandalia St, offers two versatile office spaces ideal for various business types. The property consists of two units totaling 2,112 square feet within a single-story, Class C building constructed in 2000. Unit 120, encompassing 1,150 square feet, boasts three private offices, a spacious reception area, a private bathroom, and a kitchenette, all available for a modified gross rent of $900 per month. Unit 100 presents a unique layout with 1,050 square feet of ground-level office space, an additional 490 square feet on the second level, and a 600-square-foot garage with two garage doors, leasing for $1,350 per month on a modified gross basis. Both units include private bathrooms and kitchenettes. Tenants are responsible for electricity, water, and sewer

Property profile

Verified
Property type Office Spaces
Year built 2000
Total area 2,112 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Engineering Consultant Environmental Consultant
  • Law Firm
  • Law Firm
  • Psychotherapist Counselor
  • Hair Salon Nail Salon

Location

850 Vandalia St Collinsville, IL 62234
Collinsville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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