1509 Vandalia St Collinsville, IL 62234-4458

Property Details for 1509 Vandalia St

Year built

1960

Lot size

0.13 lot acres

Property size

1,166 SF

Property type

Commercial real estate

APN

13-2-21-22-19-403-016

APU

132212219403016

Description

This exceptional investment opportunity presents three buildings on a single 0.34-acre lot in Collinsville, Illinois, situated on a prominent corner location. The property comprises two commercial office buildings and one residential property, offering diverse income streams. One commercial building at 1509 Vandalia Street, totaling 1,166 square feet, is currently available for lease. The other commercial building at 1507 Vandalia Street, encompassing 840 square feet, and the 752-square-foot residential building at 117 Mounds Street are currently under lease. The combined square footage of all three buildings is 2,758 square feet. Parcel information for the buildings includes 13-2-21-22-19-403-016, 13-2-21-22-19-403-015, and 13-2-21-22-19-403-017. The asking price for this entire package is $295,000. Rental income details are available upon request. This property presents a compelling investment opportunity with potential for continued rental income or redevelopment. Its prime location and multiple income streams make it an attractive proposition for discerning investors.