5024 N Illinois St - Office FOR SALE


Fairview Heights, IL 62208
$130,000 USD
618-606-3829
5024 N Illinois St, Fairview Heights, IL for Sale
$130,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

Oct '26


5024 N Illinois St
Fairview Heights, IL 62208


HIGHLIGHTS

  • New construction.

OVERVIEW

Excellent opportunity for investors seeking turnkey development sites in the thriving Lakeview Commons Medical/Professional Business Park. This offering includes two level, half-acre lots—each priced at $130,000—ready to accommodate up to 4,000 SF commercial buildings per pad. Strategically located on high-visibility North Illinois Street (IL Route 159), these parcels offer strong traffic exposure, existing utilities to site, and prior grading work already completed. Zoned PB (Planned Business), the lots support a wide array of income-generating uses, including medical, professional office, or retail-office combinations.

FOR SALE DETAILS

PRICE

$130,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Proposed

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

MOTIVATED SELLER

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

PB

APN/PARCEL ID

03-34.0-311-009

ASK ABOUT THIS PROPERTY

Brendan BaroneKunkel Commercial GroupMore Info
618-606-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brendan BaroneKunkel Commercial GroupMore Info
618-606-3829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.