Remarks

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.

Details

MLS#: 24015667
Price: $3,680,000

Style: 1 Story,Office Building
Baths Full: 0
Baths Half: 0
Sq Ft: 26044
Year Built: 1999

County: St Clair-IL
Subdivision: Third Sub
Lot Size: 294.58 x 280 x 140.58 x 160 x 35 x irr
Tax Fee: 33891