1186 State Rte 157 Edwardsville, IL 62025
This exceptional commercial property, located at 1186 S. State Route 157 in Edwardsville, Illinois, presents a unique investment opportunity. Boasting a total of 7190 square feet, the building offers a versatile blend of office and warehouse space, ideal for a variety of commercial uses. The 2429 square foot office area features a welcoming reception area, private offices, a soundproof conference room, a convenient break room, and an upper-level lounge area, providing a comfortable and productive work environment. The expansive 3776 square foot warehouse space is equipped with two oversized 18-foot doors, a 9-foot garage door, high vaulted ceilings, and robust concrete flooring, suitable for heavy equipment. Situated on a 1.28-acre lot, the property benefits from over 205 feet of frontage along State Route 157, a high-traffic area with over 19,900 vehicles passing daily. Ample parking is available with 47 spaces, and there's potential for expansion. The property features a full brick exterior, a 22x59 covered patio/carport, professional landscaping, and attractive green space. A new roof was installed in August 2024. The property also includes monument signage, enhancing its visibility and appeal. This property offers a compelling combination of prime location, substantial space, and high-quality finishes, making it an excellent choice for discerning businesses seeking a prominent presence in a thriving Edwardsville market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.