Fairview Heights, IL Commercial Property for Sale
Call or Text George Sykes, Managing Broker, Worth Clark Realty 618-531-4000 |
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Instant Cash Offer for your home:
$1,300,000
$800,000
5620 Old Collinsville Road
Fairview Heights, IL 62208
MLS# 24018477
Status: Active
Listed: April 5, 2024
$1,300,000
$800,000
MLS# 24018477
Active
Parents and Grandparents have been taking their children to Centerfield Park for the 35 years they have been open. Batting cages, mini golf, and go-carts are just some of the activities that are available. (Some of the go-carts may need serviced) Brokered by Kues Bros. Realty, Ltd.
$630,000
5700 Pontiac Drive
Fairview Heights, IL 62208
MLS# 25003046
Status: Under Contract
Listed: January 22, 2025
$630,000
MLS# 25003046
Under Contract
Seize this rare chance to acquire three apartment buildings in the highly sought-after Fairview market, boasting a 10% cap rate and solid cash flow with immense upside potential. The 14 units currently generate an average rent of $630, while similar units in the area command $775 to $850, leaving room for substantial revenue growth by adjusting to market rates. Located in a prime area, these properties offer strong demand and long-term value. Sold strictly as-is, with deferred maintenance to address, they provide an excellent opportunity to add value through updates and improvements. Operating expenses for 2024 include 5% vacancy at $5,313, local management at $7,438 (7%), and utilities such as water, sewer, and trash totaling $10,542. Taxes are $10,530 for the 3 parcels, and insurance will vary depending on carrier. Current insurance is $870.66 per month. Don’t miss this rare opportunity to expand your portfolio in a thriving market! Viewings contingent on accepted purchase agreement. Brokered by Real Broker LLC
$327,000
$312,000
10099 Lincoln Trail
Fairview Heights, IL 62208
MLS# 23031064
Status: Active
Listed: June 1, 2023
$327,000
$312,000
MLS# 23031064
Active
GREAT RETAIL POTENTIAL IN THIS 2700 SQ FOOT COMMERCIAL BUILDING. CURRENT OWNERS HAS HAD GREAT SUCCESS WITH( THE CAVE) BUSINESS. HIGH TRAFFIC BUILDING HAS MULTIPLE OPPORTUNITIES , SUCH AS BEAUTY RETAIL, MEDICAL, RETAIL SHOP. ITS LOCATED NEAR A 4 WAY BUSY INTERSECTION. Lots of improvements have been done :Renovated to be fully up to code for retail. New TPO ROOF-2022, New Furnace 2019, ADA Bathroom and FRESHLY PAINTED-2023. Brokered by Century 21 Bailey & Company
$199,000
$177,000
2 Sheryl Drive
Fairview Heights, IL 62208
MLS# 24060962
Status: Active
Listed: September 27, 2024
$199,000
$177,000
MLS# 24060962
Active
This property can be either a residence OR a business. FH Zoning board is eliminating the multi use property status along Route 50 (Commercial/Residential together). Previously was used as a hair salon. There are 2 wash bowl stations with fixtures included along with plenty of storage/work space. Outside there are 15 parking spaces with 2 handicap accessible spots along with 2 additional parking spots under a carport. With two separate front entrances the possibilities are endless. Outdoor storage shed included. Brokered by Coldwell Banker Brown Realtors
$120,000
$90,000
10306 Lincoln Trail
Fairview Heights, IL 62208
MLS# 22077509
Status: Active
Listed: December 13, 2022
$120,000
$90,000
MLS# 22077509
Active
Price Improvement! All brick building with 1 bathroom and full unfinished basement which currently provides extra storage space, but could be finished for even more usable space. Previously used as a retail store and office space, wheelchair accessible, 8-10 parking spaces and right off of Lincoln Trail in Fairview Heights between Ruby Lane and Union Hill. Traffic count is approximately 18,000 vehicles per day. Being sold as-is and information presented is deemed reliable but not guaranteed. Buyers are responsible for verifying the accuracy of all information. Brokered by Worth Clark Realty
Fairview Heights, IL