$350,000
$425,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
415 W Main ST Collinsville, IL 62234
16,242 SqFt
Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Square Footage 16,242 sqft
Price per Sqft $21
Subdivision Guernseys F J Add
MLS Listing ID 25018251
Year Built 1964
Annual Tax Amount $17,568
Lot Size 0.396 Acres
Property Sub-Type Unimproved Land
Property Description
Incredible opportunity for owner occupier medical/office building and/or great investment property. Parcel 1 consists of three buildings (Parcel: 13-2-21-33-11-2-1-015), and parcel 2&3 is a large parking lot with possible development opportunity (Parcel: 13-2-21-33-07-204-001,13-2-21-33-07-204-002). Three buildings on parcel 1 include a beautiful mid century modern office space 417-419 W Main (2,640 Sq. ft.), a two-story medical building 415 W Main (11,170 Sq. Ft.) and a residential duplex 101 Guernsey St. (2,432 Sq. Ft). 415-417 W Main is fully occupied, 101 Guernsey St. is fully occupied, 415 W Main has four (4) remaining medical office suites available to occupy or rent. This property has a lot of offer the buyer/investor from: Substantial rental rate increases, excellent downtown/central location, development potential of parking lot parcel, to filling vacancies creating strong positive cashflow. Location: City, Corner Location, Downtown, High Traffic
Location
State IL
County Madison
Interior
Heating Forced Air
Cooling Central Air, Electric
Exterior
Parking Features false
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
View Y/N No
Roof Type Asphalt,Shingle,Flat
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick,Concrete,Block
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less
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Bought with Christie Gassen