515 Lincoln Hwy Fairview Heights, IL 62208
This exceptional 1,500 square foot retail space is situated within a four-unit, 8,330 square foot building located at 515 Lincoln Highway in Fairview Heights, Illinois. The property, built in 1986 and extensively renovated in 2024, boasts a desirable storefront, in-line tenancy within a Class C building. The space is currently vacant and offers a mostly open layout with a private bathroom. The building enjoys a strong location directly in front of St. Clair Square Mall, ensuring high visibility and foot traffic along the busy Lincoln Highway. With ample parking (32 spaces) available for customers and tenants, this property presents a fantastic opportunity for a variety of retail businesses. The 0.58-acre lot is zoned commercial (APN: 03-27.0-100-062). The building is single-story, with no elevators. The overall building occupancy rate is currently 82%, indicating a strong tenant base. This space represents unit #5 within the building. This is a rare opportunity to establish a business in a high-traffic, well-maintained retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.