Property profile

2701 Converse Ave East St. Louis, IL 62207

OFF-MARKET
Warehouses
90,000 SF 12 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional 90,000-square-foot industrial property in East St. Louis, IL, offers a unique opportunity for manufacturing and warehousing businesses. The property, situated on 12 acres at 2701 Converse Ave, 62207, features two suites, with a minimum divisible space of 50,000 square feet and a maximum contiguous space of 50,000 square feet. Currently, 50,000 square feet is vacant. Built in 1950 and renovated in 2016, the single-story building boasts impressive features including 14'-25' ceiling heights, two 8'x10' loading docks, ten drive-in doors, and ample parking for 100 vehicles. The property includes three 5-ton cranes with 20' under hook clearance, and two large paint booths. High-power capacity is available with 1000 amps, 120 volts, 3-phase, and 480 high volts. The property has 500 feet of frontage and is conveniently located less than half a mile from IL Route 15, with easy access to I-64 (2.5 miles) and I-255 (2 miles). The property is zoned industrial and has APN numbers: 02-30.0-110-057

Property profile

Verified
Property type Warehouses
Year built 1950
Total area 90,000 SF
Lot 12 ac (522,720 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
  • Auto Repair Shop
  • Logistics Company Freight Service

Location

2701 Converse Ave East St. Louis, IL 62207
East St. Louis 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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