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Property profile & analytics
OFF-MARKET Estimated value $705,000
Commercial real estate

130 Ludwig Dr Fairview Heights, IL 62208-1333

6,608 SF 1.61 ac lot Built 1993
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-1598951
Property summary
AI-generated overview

This exceptional 6,400-square-foot commercial property, located at 130 Ludwig Drive in Fairview Heights, Illinois, presents a unique opportunity for a restaurant or retail business. Situated on a spacious 1.61-acre lot in St. Clair County, the property boasts ample parking, ensuring convenient access for customers. The entire 6,400 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The building's single-tenancy structure provides complete autonomy and control. Its strategic location offers significant advantages, being adjacent to a high-performing Red Lobster restaurant, guaranteeing high visibility and foot traffic in a bustling commercial area. The property's zoning allows for a variety of uses, making it an ideal location for a diverse range of businesses seeking a prominent presence in a thriving community. The zip code is 62208. This property is ready for immediate occupancy, offering a chance to establish a successful enterprise in a prime commercial location with excellent accessibility and high visibility. The ample parking ensures a smooth and convenient experience for customers and employees alike. This is a rare opportunity to secure a substantial space in a desirable location with high potential for growth and success.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1993
Construction FRAME
Total area 6,608 SF
Lot 1.61 ac (70,132 SF)
APN 03-21-0-404-011
UPID US28-1598951
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
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
$740k
Blend (final) Blend
$705k
Owner & transaction history
130 Ludwig Real Estate Property LLC · 1 yrs held
130 Ludwig Real Estate Property LLC
since 2025
Last sale
$755,000
5 recorded transactions
2025
$755,000
2023
$650,000
2013
Price N/A
2012
Price N/A
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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