Property profile

2021 Illini Ave Vandalia, IL 62471

OFF-MARKET
Other industrial properties
Property ID
US28-4939497
7.55 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

A three-building manufacturing and warehouse complex totaling 52,600 square feet is situated on 7.5 fenced acres with rock-surfaced parking and exterior grounds. Building #1 contains 3,360 square feet of office space. Building #2 has 42,000 square feet configured for manufacturing. Building #3 provides 7,250 square feet of warehouse space. The site features a 1,500-amp, 3-phase, 480-volt electrical service, ceiling heights approximately 15 to 17 feet, and column spacing of 25’x40’ and 25’x60’. Loading and vehicle access are supported by two dock doors and eight drive-in doors of varying sizes. The property is located off Hwy 51, about 1 mile from I-70 at Exit 63, with driving distances of roughly 70 miles to St. Louis, MO, 175 miles to Indianapolis, IN, and 242 miles to Chicago, IL, and it is suited for manufacturing, warehousing, and distribution uses.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 7.55 ac (328,878 SF)
APN 18-14-05-451-014
UPID US28-4939497

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2021 Illini Ave Vandalia, IL 62471-3400
Vandalia metro Census 950700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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