5 Williamson Dr Fairfield, IL 62837
- Retail properties
- 10,000 SF
- 2.40 lot acres
Current Use by Public Records
- Advanced Healthcare / Chiropractor
- Steven R. Miller, DC / Chiropractor
- El Mexicano Restaurant / Mexican Restaurant
Property Details for 5 Williamson Dr
- Year built
- 2013
- Lot size
- 2.40 lot acres
- Property size
- 10,000 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
Prime Fairfield, IL retail investment opportunity. This 10,000 square foot, Class B retail center sits on a 2.4-acre lot with high visibility along the IL RT 15 and US Highway 45 business corridor. The property features three separate, finished suites, each with its own HVAC system. Currently, two suites (approximately 5,000 square feet) are occupied under a multi-tenant gross lease with a remaining term of 3.5 years (expiring June 1, 2028). The remaining 5,000 square feet is available for lease. The property boasts ample parking with 40 spaces, concrete paved parking lots, walkways, and rear service and employee parking. Built in 2013, this single-story building is zoned B3. The asking price is $675,000, representing a price per square foot of $67.50. This net lease investment presents a strong opportunity for owner-users or investors seeking a stable, multi-tenant income stream in a desirable location. The property's address is 5 Williamson Drive, Fairfield, IL 62837, and the APN is 2250051014.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Wayne
- State
- Illinois
- Longitude
- -88.3932
- Latitude
- 38.3784