635 S Lincoln Ave | O'Fallon, IL 62269
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635 S Lincoln Ave
O'Fallon, IL 62269
Retail Property For Sale
Investment Highlights
- Corner Lot
- Tenants are Long Term
- Mutiple Tenants on Gross Leases
Executive Summary
2 Buildings on one Parcel, Fully Leased, Rents total $2,375 per month, Gross Lease, Long Term Tenants, Call For Rent Roll
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,036 SF
Building Class
C
Year Built
1897
Price
$395,024 CAD
Price Per SF
$130 CAD
Cap Rate
10.35%
NOI
$40,892 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.22 AC
Zoning
Commercial
Parking
20 Spaces (6.59 Spaces per 1,000 SF Leased)
Frontage
140 ft on South Lincoln
Amenities
- Corner Lot
- Air Conditioning
PROPERTY TAXES
Parcel Number | 04-30.0-431-021 | Improvements Assessment | $91,613 CAD |
Land Assessment | $7,200 CAD | Total Assessment | $98,813 CAD |
PROPERTY TAXES
Parcel Number
04-30.0-431-021
Land Assessment
$7,200 CAD
Improvements Assessment
$91,613 CAD
Total Assessment
$98,813 CAD
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