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225 9th Street East St Louis, IL 62201

$3,680,000

26044 Square Feet

Tax History: $33891 - 2022

Estimated Payment: $17,425 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$3,680,000 , Located in THIRD SUB, EAST ST LOUIS. ZIP Code: 62201

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.

This property is located on 1.6 Acre(s).

Near By Listings

722 Saint Louis Avenue East St Louis, IL 0.08 miles

657 Broadway East St Louis, IL 0.21 miles

512 Missouri Ave Avenue East St Louis, IL 0.22 miles

400 MISSOURI Avenue East St Louis, IL 0.31 miles

1751 Ridge Avenue East St Louis, IL 0.93 miles

Main Features:

Approximate lot size is 2 Acre(s)

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MLS#: 24015667
Listing ID: 46013
Updated: 26 days ago
Days on site: 43 days

Listing provided by

Tiaa Wright

Just Wright Realty

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2024 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.