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Property profile

1401 State Rte Collinsville, IL 62234

OFF-MARKET
Warehouses
4,800 SF Built 1977
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Property summary

AI-generated overview

This exceptional 4,800 square foot building, situated on a 1.4-acre lot in Collinsville, Illinois, presents a unique opportunity. The property, built in 1977 and extensively renovated in 2024, offers a blend of executive office and warehouse space, ideal for a variety of businesses. Currently, 2,200 square feet of versatile space is available for lease, featuring a convenient 10-foot ceiling height. The warehouse area boasts a large 9x8-foot front garage door for easy loading and unloading, complemented by ample parking with seven spaces. The property is zoned CG and includes one drive-in bay. The building's electrical service is robust, providing 200 amps on a 2-phase system. This single-story structure is located at 1401 S State Rte 157, Collinsville, IL 62234 (APN: 13-2-21-17-00-000-053), within Madison County. The available space includes a bathroom, making it a functional and convenient option for various business needs. This property offers a compelling combination of modern amenities and strategic location, making it an attractive investment for businesses seeking a versatile and well-maintained space.

Property profile

Verified
Property type Warehouses
Year built 1977
Total area 4,800 SF

Cap rate & NOI

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

Location

1401 State Rte Collinsville, IL 62234
Collinsville 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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