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Property profile & analytics
OFF-MARKET Estimated value $355,000
Banks

13 Collinsville Ave East Saint Louis, IL 62201-3006

6,978 SF 0.22 ac lot Built 2007
Entity Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US28-2862977
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2007
Construction STEEL FRAME
Total area 6,978 SF
Lot 0.22 ac (9,583 SF)
APN 01-13-0-121-011
UPID US28-2862977
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k
Owner & transaction history
Capricorn Investments LLC · 20 yrs held
Capricorn Investments LLC
since 2005
2 recorded transactions
2005
$170,000
2005
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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