1180 Belt Line RdCollinsville, IL 62234

Property Details for 1180 Belt Line Rd

Year built

1980

Lot size

0.44 AC

Property size (Sq ft)

1,848 SF

Property type

Office properties

Description

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.

Location Insight

City

Collinsville

County

Madison

State

Illinois

Latitude

38.6907

Longitude

-89.989

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