For Sale
$2,500,000

225 9Th St East St. Louis, IL 62201

Income-producing office, 26,044 SF

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional investment opportunity presents a fully occupied, 26,044 square foot office building located at 225 N 9th St, East St. Louis, IL 62201. The property sits on a 1.6-acre lot and is currently 100% occupied by a single tenant under a lease agreement generating $28,719.17 in monthly income. The lease expires July 31, 2025, with a guaranteed five-year renewal option extending to July 31, 2030, providing a secure and stable income stream. The building features over 40 offices, multiple restrooms, a lounge, cubicle spaces, a training room, a breakroom, and a large waiting area. Recent upgrades include new carpeting throughout. Its prime downtown location offers high visibility and easy access to major highways. The asking price is $2,500,000, translating to $95.99 per square foot. This property is an ideal investment for those seeking strong, consistent returns and significant growth potential. The APN is 01-13.0-227-045. This is a private ownership opportunity.

Highlights

  • $2,500,000 asking price for a 26,044 SF office building.
  • 100% occupancy with a single tenant.
  • Located at 225 N 9th St, East St. Louis, IL 62201, on a 1.6-acre lot.
  • $95.99 price per square foot.
  • Currently leased to a government tenant with a lease expiring July 31, 2025, and a guaranteed 5-year renewal option.

Property Details for 225 9Th St

Property type
Office properties
Square Feet
26,044 SF
Buildings
1
Lot Size (sq. ft)
69,696 SF

Location Insight

City
East St. Louis
County
St. Clair
State
Illinois
Latitude
38.623263738265
Longitude
-90.154473536567
225 9Th St, East St. Louis, Illinois

FAQs

What type of property is this?
Office property - Income-producing office, 26,044 SF
Where is the office property located?
The property is located at 225 9Th St East St. Louis, IL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: $2,500,000 asking price for a 26,044 SF office building.; 100% occupancy with a single tenant.; Located at 225 N 9th St, East St. Louis, IL 62201, on a 1.6-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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225 9Th St
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