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Property profile & analytics
OFF-MARKET Estimated value $505,000
Banks

1109 Hartman Ln O Fallon, IL 62269

6,263 SF 1.97 ac lot Built 2005
Entity Owned 22-yr Hold Absentee Owner Free & Clear
Property ID
US28-2410576
Property summary
AI-generated overview

This exceptional Class A office property, located at 1109 Hartman Lane in St. Clair County, offers two well-maintained suites totaling 3,062 square feet of vacant space. Built in 2005 and renovated in 2018, the building boasts 18,000 total square feet across two stories, with a minimum divisible space of 600 square feet and a maximum contiguous space of 2,402 square feet. Suite 200, a spacious 2,402 square feet, includes eight private offices, a conference room, a kitchenette, a reception area, and an open bullpen. Two offices could easily double as smaller conference rooms. Suite 201B offers 660 square feet of open workspace, ideal for a variety of configurations. Both suites feature high-end finishes and key fob access. Shared amenities include ADA-compliant restrooms and elevator access. The building is zoned B-3 and includes 73 parking spaces. This property shares an entryway and elevator with the Catholic & Community Credit Union and one other professional office tenant, providing a professional and established environment. The property's APN is 08-01.0-1-7-001. This is a rare opportunity to secure premium office space in a well-maintained, conveniently located building.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2005
Construction STEEL FRAME
Total area 6,263 SF
Lot 1.97 ac (85,813 SF)
APN 08-01-0-107-001
UPID US28-2410576
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fellowship-Christian Atheletes Church
  • Catholic & Community Credit Union Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
$643k
Blend (final) Blend
$505k
Owner & transaction history
CATHOLIC & CREDIT UNION
CATHOLIC & CREDIT UNION
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $820,000 +70.9%
Commercial (general) $545,000 +13.4%
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