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Property profile & analytics
OFF-MARKET Estimated value $1,545,000
Banks

801 Lincoln Hwy Fairview Heights, IL 62208-2216

5,911 SF 0.8 ac lot Built 1974
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-5188209
Property summary
AI-generated overview

This exceptional 5,808-square-foot retail space is ideally situated at 801 Lincoln Hwy in Fairview Heights, Illinois, within St. Clair County. The property offers a single-tenant occupancy, providing a blank canvas for a wide range of retail businesses. The entire building is currently vacant, presenting a unique opportunity for a business seeking a substantial and highly visible location. The address boasts excellent street frontage on Lincoln Highway, ensuring high traffic visibility and accessibility for customers. The building's total square footage is 5,808 square feet, providing ample space for a large-scale retail operation or a business requiring significant storage or display area. Located in the vibrant Fairview Heights community, this property benefits from a strong local economy and a dense population base, offering a significant potential customer pool. The 62208 zip code is known for its convenient access to major transportation routes, further enhancing the property's appeal to businesses seeking optimal logistical advantages. This is a rare opportunity to secure a prominent retail space in a thriving Illinois market. The property is ready for immediate occupancy, allowing for a swift and efficient business launch. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1974
Construction STEEL FRAME
Total area 5,911 SF
Lot 0.8 ac (34,848 SF)
APN 03-27-0-215-025
UPID US28-5188209
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
$1.77M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.55M
Owner & transaction history
Dreamspace Properties LLC · 6 yrs held
Dreamspace Properties LLC
since 2020
Last sale
$1.3M
6 recorded transactions
2020
$1.3M
2004
Price N/A
2004
$1.1M
2003
Price N/A
2003
$590,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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