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Property profile & analytics

427 Main St Collinsville, IL 62234-3010

  • Commercial real estate
  • 1,972 SF
  • 0.23 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-5873299
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 427 Main St

Year built
1960
Lot size
0.23 lot acres
Property size
1,972 SF
Property type
Commercial real estate
APN
13-2-21-34-05-101-008
APU
132213405101008

Description

This exceptional 4,260-square-foot commercial property, located at 427 E Main St, Collinsville, IL 62234, presents a lucrative investment opportunity. The single-story building, constructed in 1988, boasts a versatile layout ideal for an auto shop or warehouse use, encompassing both retail and industrial zoning (B-2 Limited Commercial). The space includes 4,016 square feet of shop area and 244 square feet of office space, perfectly suited for a variety of automotive businesses. Six overhead doors facilitate efficient workflow: two measure 9'x12', one is 8'x10', and three are 8'x9'. The property features two in-ground car lifts, a paint booth complete with a fire suppression system, and a paint mixing room, also equipped with fire suppression. Security is enhanced by a security alarm system and three exterior security lights. A double-sided 4'x3' LED lighted pole sign provides excellent street visibility. The 0.23-acre lot offers ample parking with 12 spaces on an asphalt lot. The building benefits from its location in a Tax Increment Financing (TIF) District and Enterprise Zone. The ceiling height is 9'10", and the asking price is $281,500 ($66.08/sq ft). An equipment list is available upon request. This property is situated on a corner lot near downtown Collinsville, offering excellent accessibility and visibility.


Value Estimations

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Location Insight

  • Map
  • Local Demand
City
Collinsville
County
Madison
State
Illinois
Longitude
-89.9826
Latitude
38.6715
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,504
$12,600
$25,270
$37,870
-
$37,838
$75,886
$113,724
More about this property
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