Property summary
This 1,625-square-foot single-tenant office building, located at 1317 West Hwy 50 in O'Fallon, Illinois, presents a fantastic investment opportunity. Built in 1953 and extensively renovated in 2017, the property boasts new windows, flooring, and paint. The layout includes a reception area, five individual offices, and a break room. The building sits on a 0.32-acre lot, offering ample parking with seven spaces. High visibility and traffic on Hwy 50, across from Sam's Club, ensure excellent exposure. The 8-foot ceilings and B-1 zoning provide flexibility. The property's current configuration features cubicles, but these are removable, allowing for a return to full, individual offices if desired. The property includes 1,625 square feet of vacant space. Taxes are $3,384 per square foot. The APN is 03-26.0-404-005, located in St. Clair County, Illinois, zip code 62269. This is a one-story building.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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