33
  • Type
  • Office, Commercial Sale
  • 2100 Sqft
  • Area Size

2010 Vandalia Street, Collinsville, IL 62234

  • $280,000

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.

  • Address: 2010 Vandalia Street
  • City: Collinsville
  • State/county: IL
  • Zip/Postal Code: 62234
  • Area: Collinsville Professional Park

Details

Updated on November 11, 2025 at 12:45 am
  • Property ID 25075413
  • Price $280,000
  • Property Size 2100 Sqft
  • Land Area 0.0803 Acres
  • Garage Size x x
  • Year Built 1986
  • Type Office, Commercial Sale
  • Property Status Active

Additional details

  • Listing Terms Cash,Conventional
  • Utilities Electricity Connected,Phone Connected,Sewer Connected,Water Connected
  • Cooling Central Air
  • Heating Electric,Forced Air
  • Flooring Carpet,Combination
  • County Madison
  • Property Type Commercial Sale

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Courtney Hoffman

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