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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

705 Il-157 Collinsville, IL 62234

5,999 SF
Property ID
Property summary
AI-generated overview

This exceptional 5,999 square foot retail property, located at 705 Illinois Route 157 in Collinsville, Illinois, presents a unique investment opportunity. Situated on a one-acre lot, this multi-tenant building offers ample space for a variety of commercial uses. Currently, the entire 5,999 square feet is available for lease, providing a blank canvas for a new business or expansion. The property boasts convenient access and high visibility along Illinois Route 157, ensuring significant foot traffic and exposure. With 50 parking spaces available, customer convenience is prioritized. The property is zoned HP-1, allowing for a range of commercial development options. The location in Madison County, Illinois, with a zip code of 62234, offers easy access to major transportation routes and a thriving local community. This is an ideal opportunity for businesses seeking a prominent location with substantial space and excellent visibility. The property's size and zoning make it suitable for a variety of retail concepts. The ample parking ensures a positive customer experience. Don't miss this chance to secure a prime retail location in a growing market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,999 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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