632 Main St, Creve Coeur, IL 61610-3974

This stabilized Class B medical office building in Creve Coeur, IL presents a compelling investment opportunity. Located at 632 S. Main Street, this 2,740 square foot property sits on a 3.82-acre lot and boasts a 9% cap rate. Currently 100% occupied under a modified, single-tenant lease with rent bumps extending through November 2029, this property offers significant income potential. Built in 1991, the building underwent renovations in 2019 (new carpets) and 2016 (new roof). Features include a reception/waiting area, six exam rooms, three private offices, a conference room, a break room with kitchenette, and ample paved parking. The property is ADA accessible and enjoys excellent accessibility due to its proximity to I-474, serving the communities of Pekin, Peoria, and East Peoria. The asking price is $457,741, representing a price per square foot of $167.06. This property is ideal for investors seeking a stable, high-return investment in a desirable location. The building has two HVAC units.