13 Collinsville Ave, East St Louis, IL 62201
For Sale
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This exceptional 6,978-square-foot retail property, located at 13 Collinsville Ave in East St. Louis, Illinois, presents a compelling investment opportunity. Built in 2007, the single-story building features a modern design and is situated on a 0.22-acre lot, offering ample parking and potential for expansion. Previously a credit union bank branch, the property boasts a convenient drive-thru, a secure vault, six private offices, and a conference room. Its strategic location adjacent to City Hall and the Police Department ensures high visibility and accessibility. Easy access to Highway 64 further enhances its appeal. The asking price is $2,000,000, translating to $286.62 per square foot. This versatile space is ideal for a variety of commercial ventures, offering a strong return on investment in the thriving East St. Louis market. The property's modern amenities and prime location make it an attractive option for businesses seeking a well-established and easily accessible space. The combination of its previous use as a financial institution and its convenient features makes this a truly unique opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.