Property profile

3375 Il-162 Granite City, IL 62040

OFF-MARKET
Warehouses
11,250 SF 3.45 ac lot Built 1978
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Property summary

AI-generated overview

This exceptional Granite City, IL industrial property offers 11,250 square feet of versatile space, encompassing a two-story office building and a warehouse. The office building features seven restrooms, a lobby, two kitchens, 27 private offices, and an open reception area, all renovated in 2021. The warehouse boasts a canopy roof, a 1,740 square foot slab, heating and cooling systems, two 14-foot drive-through doors, a 16-foot clearance height, and both indoor and outdoor one-ton cranes. Situated on a 3.45-acre lot with 30 parking spaces, this property benefits from M-1 zoning and convenient access to I-270 and I-255, less than four miles away. The building features 8-16 foot ceiling heights and 3-phase 277/488-volt power. Built in 1978, this property presents a unique opportunity for businesses seeking a combination of office and warehouse space in a prime location near St. Louis, MO. The property's address is 3375 IL-162, Granite City, IL 62040, with APN 22-1-20-16-00-000-022.001. Asking price is $399,000 ($52.53/sq ft).

Property profile

Verified
Property type Warehouses
Year built 1978
Total area 11,250 SF
Lot 3.45 ac (150,282 SF)

Cap rate & NOI

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

Location

3375 Il-162 Granite City, IL 62040
Granite City metro
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Value estimations

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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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