5403 Illinois St Fairview Heights, IL 62208

This exceptional investment opportunity presents a 1,716 square foot, single-story Class C office building situated on Route 159 in Fairview Heights, Illinois. The property, built in 1949 and remodeled in 2019, features two units totaling 1,716 square feet and is zoned B-2. Currently, one tenant occupies 900 square feet, paying $1,400 per month. The building boasts three offices, a reception area, and a break room within the available 816 square feet. With a high traffic count of 27,000 ADT, this location offers excellent visibility and signage opportunities on Route 159 (N Illinois St). The asking price is $260,000, representing a 9% capitalization rate if fully leased. This property is a multi-tenant building with a gross lease type. The property's address is 5403 N Illinois St, Fairview Heights, IL 62208, and its APN is 03-33.0-207-031. This is a prime opportunity for investors seeking a strong return in a high-traffic area. The property is located in St. Clair County.