Property profile

1002 Cp Jackson Rd 1040 Cahokia, IL 62206

OFF-MARKET
Commercial real estate
Property ID
US28-3332511
95,898 SF 10.99 ac lot Built 1960
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 99,616-square-foot industrial property, located at 1002 Camp Jackson Road in Cahokia Heights, Illinois, 62206, presents a unique investment opportunity. The single-story, Class C building, constructed in 1960, sits on 19.84 acres and offers a versatile space suitable for manufacturing, warehousing, flex, and distribution uses. Currently undergoing conversion from a retail center to light industrial/heavy commercial use, the property features 89,216 square feet of vacant space, divisible to a minimum of 570 square feet and with a maximum contiguous space of 65,532 square feet. The building includes 16 suites and is equipped with sprinklers, HVAC, lighting, and bathrooms. A 10% office build-out is available, and the space will be delivered as a code-compliant "vanilla box." The property boasts 400 total parking spaces and 9 acres dedicated to truck/trailer parking, a significant advantage given its location on Camp Jackson Road (IL Route 157), a major retail corridor with traffic counts reaching 14,000 vehicles. The strategic location offers easy access to IL Route 3 and I-255. Further enhancing its appeal, this property is situated within a Tax Increment Financing (TIF) District and an Enterprise Zone. The property has a 950-foot frontage and is zoned B2. The APN is 06020301022.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Construction STEEL FRAME
Total area 95,898 SF
Lot 10.99 ac (478,724 SF)
APN 06-02-0-301-022
UPID US28-3332511

Cap rate & NOI

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

Location

1002 Cp Jackson Rd, Unit 1040 Cahokia, IL 62206-2228
Cahokia metro Census 502602 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.72M
Blend (final) Blend
$1.24M

Owner & transaction history

since 2023
Last sale
$1.0M
4 recorded transactions
2023
$1.0M
2019
$493,500
2007
Price N/A
2001
$775,000

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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