For Sale
$295,000

1180 Belt Line Rd Collinsville, IL 62234

Two buildings, vacant lot, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents two fully occupied commercial buildings totaling 1,848 square feet at 1180 Beltline Road, Collinsville, IL 62234. Built in 1980, these traditional office spaces boast existing leases, providing immediate cash flow. The property sits on a 0.44-acre lot and is zoned B2, offering flexibility for future development. A significant advantage is the inclusion of an additional 7,000 square foot vacant lot, ideally situated on a busy retail corridor along Beltline Road. This fully developable parcel presents substantial potential for expansion or separate development, maximizing the return on investment. The asking price for this entire package is $295,000, translating to $159.63 per square foot for the existing buildings. The property's location in Madison County, Illinois, offers easy access to major transportation routes and a thriving local market. This is a rare opportunity to acquire a multi-faceted commercial property with immediate income and significant future development potential. The property's APN is 13-1-21-21-16-401-018.

Highlights

  • Two fully occupied commercial buildings totaling 1,848 square feet with existing leases providing immediate cash flow.
  • 7,000 SF vacant lot available for sale on Beltline Road, situated on a busy retail corridor.
  • Fully developable 7,000 SF lot included in the sale.

Property Details for 1180 Belt Line Rd

Property type
Office properties
Square Feet
1,848 SF
Year Built
1980
Buildings
2
Lot Size (sq. ft)
19,166 SF

Location Insight

City
Collinsville
County
Madison
State
Illinois
Latitude
38.6906576
Longitude
-89.9890333

FAQs

What type of property is this?
Office property - Two buildings, vacant lot, high traffic.
Where is the office property located?
The property is located at 1180 Belt Line Rd Collinsville, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two fully occupied commercial buildings totaling 1,848 square feet with existing leases providing immediate cash flow.; 7,000 SF vacant lot available for sale on Beltline Road, situated on a busy retail corridor.; Fully developable 7,000 SF lot included in the sale.
How can I contact the broker?
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1180 Belt Line Rd
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