Log In/Sign Up
Your email has been sent.
2008 Vandalia St 2,172 SF Office Building Collinsville, IL 62234 $275,295 CAD ($126.75 CAD/SF) 1.21% Cap Rate
EXECUTIVE SUMMARY
Financials based on Jan 2024 - August 2024 numbers with Suite #1 (largest main floor unit currently vacant) brining in an additional $900/mo. Current negative NOI will not allow for cap rate so 1% is used. This building would be best suited for a owner occupied user. Seller willing to finance pending on buyers financials.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$39,842
|
$18.34
|
| Other Income |
$4,078
|
$1.88
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$43,920
|
$20.22
|
| Taxes |
$8,199
|
$3.78
|
| Operating Expenses |
$33,301
|
$15.33
|
| Total Expenses |
$41,500
|
$19.11
|
| Net Operating Income |
$2,420
|
$1.11
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $39,842 |
| Annual Per SF | $18.34 |
| Other Income (CAD) | |
|---|---|
| Annual | $4,078 |
| Annual Per SF | $1.88 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $43,920 |
| Annual Per SF | $20.22 |
| Taxes (CAD) | |
|---|---|
| Annual | $8,199 |
| Annual Per SF | $3.78 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $33,301 |
| Annual Per SF | $15.33 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $41,500 |
| Annual Per SF | $19.11 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $2,420 |
| Annual Per SF | $1.11 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,172 SF
Building Class
B
Year Built
1986
Price
$275,295 CAD
Price Per SF
$126.75 CAD
Cap Rate
1.21%
NOI
$3,320 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,172 SF
Building FAR
0.45
Lot Size
0.11 AC
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 13-2-21-22-12-203-013 | Total Assessment | $136,640 CAD |
| Land Assessment | $22,020 CAD | Annual Taxes | $8,199 CAD ($3.78 CAD/SF) |
| Improvements Assessment | $114,621 CAD | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
13-2-21-22-12-203-013
Land Assessment
$22,020 CAD
Improvements Assessment
$114,621 CAD
Total Assessment
$136,640 CAD
Annual Taxes
$8,199 CAD ($3.78 CAD/SF)
Tax Year
2024 Payable 2024
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2008 Vandalia St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.