2010 Vandalia Street,Collinsville, IL 62234
Collinsville, IL 62234
Description
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.
Details
| MLS # | 25075413 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1986 |
| Days On Site | 357 |
| Listing Provided By | RE/MAX All Star Advantage | Adam Jokisch |
Features
| SQ Feet | 2,100 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Acreage | 0.08 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Electric, Forced Air |
Exterior
| Construction Materials | Brick Veneer |
|---|---|
| Fencing | None |
Utilities
| Utilities | Electricity Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Ameren |
Taxes
| Property | 4948 |
|---|
Area Information
| State | IL |
|---|---|
| County | Madison |
| City | Collinsville |
| Zip Code | 62234 |
| Community Name | Collinsville Professional Park |
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Madison |
| City | Collinsville |
| Zip Code | 62234 |
| Community Name | Collinsville Professional Park |
