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225 N 9th Street

East St Louis, IL 62201
  • $3,680,000
  • STATUS: Active
  • ON SITE: 92 Days
  • ID#: 24015667
UPDATED: 117 min ago
$3,680,000
  • 0
    BEDS
  • 1.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 26,044
    SQFT
  • $141
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1999
County:

School Ratings & Info

Description

Lucrative Investment Opportunity: Prime commercial office building in central location. Spanning over 26,000 square feet, this office building offers ample space tailored to the needs of the Department of Human Services. Lease pays $28,719.17/month and expires July 31, 2025, with guaranteed 5-year renewal option until July 31, 2030. Features include 40+ offices, multiple restrooms, lounge, cubicle spaces, training room, breakroom, large waiting area, newer carpet throughout and more. Strategic location offers high visibility and accessibility. Located downtown with accessibility to highways. Secure income stream from government tenant. Ideal for investors seeking stable returns and growth potential. Don't miss out on this exceptional investment opportunity. Whether you're a seasoned investor looking to diversify your portfolio or an entrepreneur seeking a dependable income stream, this commercial office building presents an attractive proposition with substantial growth potential.

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-06-20T15:39:53.08.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/148729176
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225 N 9th Street East St Louis, IL 62201

  • Price: $3,680,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 117 min ago
  • ID#: 24015667
0
Beds
0
Baths
0
½ Baths
1.6
Acres
26,044
SQFT
$141
$/SQFT
1999
Built
Neighborhood:
Third Sub
County:
St Clair
Property Description
Lucrative Investment Opportunity: Prime commercial office building in central location. Spanning over 26,000 square feet, this office building offers ample space tailored to the needs of the Department of Human Services. Lease pays $28,719.17/month and expires July 31, 2025, with guaranteed 5-year renewal option until July 31, 2030. Features include 40+ offices, multiple restrooms, lounge, cubicle spaces, training room, breakroom, large waiting area, newer carpet throughout and more. Strategic location offers high visibility and accessibility. Located downtown with accessibility to highways. Secure income stream from government tenant. Ideal for investors seeking stable returns and growth potential. Don't miss out on this exceptional investment opportunity. Whether you're a seasoned investor looking to diversify your portfolio or an entrepreneur seeking a dependable income stream, this commercial office building presents an attractive proposition with substantial growth potential.
Exterior Features

Attached Garage YN No Lot Size Dimensions 294.58 x 280 x 140.58 x 160 x 35 x irr Lot Size Source County Records Parking Features Parking Lot Road Frontage Type City Street Roof Architecural Shingle Unit Location CityCorner LocationDowntown

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Commercial Type Commercial LandOffice LandSpecial Purpose/Use Cross Street Missouri Ave Current Financing Cash OnlyConventional Current Use One StoryOffice Disclosures UnknownAgent OwnedSellers Discl Not Av Electric Other Inclusions Building & Land Lease Term More than 3 Years Net Operating Income 0 Possession Close Of Escrow Possible Use Office Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 33891 Tax Year 2022 Transaction Type Sale Utilities Electricity AvailableWater AvailableSewer Available Water Source Public Zoning commericial office

Listing provided courtesy of Just Wright Realty: 3375878. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-06-20T15:39:53.08.

Fusion Realty, LLC: 618.781.9170
 
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