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2008 Vandalia Street

Collinsville, IL 62234
  • $220,900
  • STATUS: Active
  • ON SITE: 669 Days
  • ID#: 23047222
UPDATED: 15 min ago
$220,900
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,600
    SQFT
  • $61
    $/SQFT
Neighborhood:
Collinsville Professional Park
Type:
Commercial
County:
Madison

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Description

Great Commercial Investment in this Brick building with full basement in Collinsville. Unit #1 rented for $900 with new 2 yr lease, #2 rented at $800/mo with 2 year lease, unit #3 rented at $700 /mo. Starting June 1st, of 2024 all 3 units are splitting cost of utilities. Additional 60x50 adjoining lot (13-2-21-22-12-203-014) included in sale with full price offer. New Roof and HVAC systems in 2018, New gutters and landscaping in 2019. Parking lot maintenance, snow removal and lawn care expenses shared by Office Park. Broker has a percentage ownership.. Location: Business Park

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-06-15T14:39:21.61.

Hartmann Realtors Inc.: (618) 344-7900
www.hartreal.com/homes/142472629
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2008 Vandalia Street Collinsville, IL 62234

  • Price: $220,900
  • Status: Active
  • On Site: 669 Days
  • Updated: 15 min ago
  • ID#: 23047222
0
Beds
0
Baths
0
½ Baths
0.1
Acres
3,600
SQFT
$61
$/SQFT
Neighborhood:
Collinsville Professional Park
County:
Madison
Property Description
Great Commercial Investment in this Brick building with full basement in Collinsville. Unit #1 rented for $900 with new 2 yr lease, #2 rented at $800/mo with 2 year lease, unit #3 rented at $700 /mo. Starting June 1st, of 2024 all 3 units are splitting cost of utilities. Additional 60x50 adjoining lot (13-2-21-22-12-203-014) included in sale with full price offer. New Roof and HVAC systems in 2018, New gutters and landscaping in 2019. Parking lot maintenance, snow removal and lawn care expenses shared by Office Park. Broker has a percentage ownership.. Location: Business Park
Exterior Features

Carport YN No Construction Materials OtherBrick Garage YN No Lot Size Dimensions 51x96 irr Lot Size Source Appraiser Number Of Drive In Doors 0 Parking Features OpenParking LotPavedAsphalt Parking Total 0 Pool YN No Road Frontage Type Private Road Roof Architectural Shingle Waterfront YN No

Interior Features

Above Grade Finished Area 3600 Above Grade Finished Area Source Appraiser Basement YN No Ceiling Height 8 Cooling Central AirElectric Fireplace YN No Heating ElectricForced Air Main And Upper Level Bathrooms 0 Main And Upper Level Bedrooms 0 Room Count 0 Stories Total 2

Property Features

Association Southwestern Illinois Board of REALTORS Cross Street Crestmoor Current Use Office Disclosures UnknownAgent OwnedSubject to LeaseYear Built Unknown Electric AmerenOther Existing Lease Type Gross Gross Income 32211 Lease Term 12 Months Listing Terms 1031 ExchangeCashConventionalOwner May Carry Net Operating Income 13594 Operating Expense 18617 Operating Expense Includes Maintenance GroundsUtilitiesInsuranceTaxesWater/Sewer Possession Close Of Escrow Possible Use Professional/Office Property Sub Type Retail Property Sub Type Additional Retail/Shopping Center Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 5927 Tax Annual Amount Description No Exemptions Tax Exempt YN No Tax Legal Description COLLINSVILLE PROFESSIONAL PARK LOT 5 80X55 Tax Year 2023 Unit Count 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableWater AvailableSewer AvailablePhone Available Water Source Public

Listing provided courtesy of Hartmann Realtors, Inc: 618-344-7900. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-06-15T14:39:21.61.

Hartmann Realtors Inc.: (618) 344-7900
 
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Hartmann Realtors Inc.
2505 Vandalia Street
Collinsville IL, 62234