$280,000

2010 Vandalia Street, Collinsville, IL 62234

  • 2,100 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon3,498sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $133/sqft
  • Property List Date Icon Listed 1 day ago

Property 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.

Listing Status:
Active
Date Added:
November 10, 2025 at 06:00AM
Listing Office:
RE/MAX All Star Advantage : 618-234-8751
MLS ID:
25075413
  • Flooring: CarpetCombination
  • A/C: Central Air
  • Heating: ElectricForced Air
  • Parking: Parking spaces: 6
  • General: Brick VeneerOtherPermanent
  • Road/Access: City Street
  • Originating MLS: maris2
  • County: Madison
  • Topography: Flat
  • Zoning: 13-2-21-22-12-203-012
  • Fencing: None
  • Current Use: OfficeServices
  • Utilities: Electricity ConnectedPhone ConnectedSewer ConnectedWater ConnectedAmeren
  • Water: Public
  • Source: maris2
  • Ownership: Private

This listing courtesy of RE/MAX All Star Advantage

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dorris Intermediate School

1841 Vandalia St, Collinsville, IL, 62234

Grades 5-6

0.23 miles away

C

Collinsville Middle School

9649 Collinsville Rd, Collinsville, IL, 62234

Grades 7-8

3.79 miles away

C

Collinsville High School

2201 S Morrison Ave, Collinsville, IL, 62234

Grades 9-12

4.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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