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    1040 Main St Mascoutah, IL 62258-1078
    Property profile & analytics

    1040 Main St, Mascoutah, IL 62258-1078

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    • Commercial real estate
    • 0.27 lot acres
    Off-Market
    Last Sale Jun 7, 2024
    $1,039,500
    Property ID
    US28-1588369
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,040,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Vp Racing Fuels / Gas Station
    • Sax Speedi Check / Gas Station
    • Sax Speedi-Chek / Grocery & Convenience Store

    Property Details for 1040 Main St

    Lot size
    0.27 lot acres
    Property type
    Commercial real estate
    APN
    10-31-0-111-043
    APU
    10310111043

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 7, 2024 $1,039,500 Chuch & Roster LLC Thomas J Sax Warranty Deed $1M · Thomas J Sax
    Dec 15, 2022 $330,000 Thomas J Sax Richard W Sax Deed · related —
    Jul 23, 1996 — Sax Trust Sax,richard W & Margaret M Quit Claim Deed · related —

    Description

    This exceptional 3,605-square-foot office/retail space is ideally situated in Mascoutah's thriving business district, offering high visibility and accessibility. Located in a building totaling 12,133 square feet, this single-tenant space boasts a flexible open floor plan, perfect for a variety of uses. Two restrooms and a convenient utility room add to its functionality. Access is provided via a main street entrance and a separate side entrance with double doors, ensuring convenient entry and exit for customers and employees. The property benefits from a high traffic count of 6,250 cars daily, situated next to established businesses like VP Racing Fuels and Lonnie's Tire and Auto Inc., ensuring significant exposure. Built in 1960 and renovated in 2024, the building features ceiling heights ranging from 10 to 15 feet. The 1.13-acre lot (3,605 square feet) provides ample space, and eight parking spaces are available for tenants and customers. The property is zoned for improved commercial use and is located in St. Clair County, Illinois, with an APN of 10-31-0-111-035/36/43/44/45. Mascoutah's strategic location, approximately 30 minutes east of St. Louis and near Scott Air Force Base, offers a strong economic environment and a growing population of around 8,500 residents. This presents a unique opportunity to establish a business in a vibrant community with excellent access to major transportation routes.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,040,000
      ML approach
      $1,040,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Mascoutah
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8145
    Latitude
    38.4918
    CBSA code
    41180
    CBSA name
    ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $843
    $8,300
    $2,557
    $10,857
    -
    $24,900
    $7,671
    $32,571
    More about this property
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