Income-producing, all-brick office building located on a highly traveled corridor in Collinsville, IL. Established single tenant, currently generating a dependable $12,000 per year at existing rental rates with the tenant responsible for all utilities. The existing lease runs through October 1, 2026, offering immediate cash flow and a clear timeline for re-leasing or repositioning. This well-maintained property contains a total of 10 office spaces arranged for efficient daily operations and flexible reconfiguration. The main floor features five offices, 3 private offices and 2 open workspaces, along with a reception area and 2 restrooms. The upper level provides five additional offices, a restroom, and utility room housing, a furnace and a second circuit breaker panel. The finished basement delivers a communal area, a kitchenette with sink, a fourth restroom, and a utility closet with the second furnace and an additional circuit breaker panel. Six dedicated parking spaces serve tenants and visitors. The building, equipped with zoned HVAC thereby reducing single-point operational risk and simplifying phased tenant transitions. The property, zoned for commercial use suited to professional office tenants and service providers. This asset presents a straightforward, income-generating opportunity with near-term upside. The October 2026 lease expiration gives an investor flexibility to renegotiate, convert to a multi-tenant structure, or pursue owner-occupancy. Visible frontage on a high-traffic corridor and the adaptable interior layout make the building attractive to medical, legal, financial, and small professional service tenants seeking convenient access and signage exposure.
0 Bed
0 Bath
0 sq.ft
$0 per sq.ft
$ 267,000
Active
0
25075413
0
0
Collinsville Professional Park
Collinsville
Madison-IL
Commercial Sale
Commercial Sale
$4,948
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 532 S Clinton Street, Collinsville, IL 62234 | 3/2 | 788 | $1,430 | $1,430 100% of ask |
Sep 16, 2026 |
| 403 Garesche Street, Collinsville, IL 62234 | 2/2 | 1,340 | $240,000 | $240,000 100% of ask |
Sep 15, 2026 |
| 103 Irene Drive, Collinsville, IL 62234 | 3/2 | 1,444 | $175,000 | $180,500 103.1% of ask |
Sep 14, 2026 |
| 410 Chapel Drive, Collinsville, IL 62234 | 4/2 | 2,326 | $290,000 | $285,000 98.3% of ask |
Sep 11, 2026 |
| 111 Timberwood Lane, Collinsville, IL 62234 | 3/4 | 2,889 | $539,000 | $540,000 100.2% of ask |
Sep 11, 2026 |
| 112 Saint Mary Drive, Collinsville, IL 62234 | 3/2 | 1,278 | $270,000 | $295,000 109.3% of ask |
Sep 10, 2026 |
Estimate your monthly payment. Adjust the sliders below.
Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.