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406 Hartman Ln
O'Fallon, IL 62269
 HSHS Administration Center · Office Property For Sale

Medical Offices Illinois O'Fallon 406 Hartman Ln, O'Fallon, IL 62269

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Investment Highlights

  • A+ (S&P) rated tenant — HSHS operates 14 hospitals across Illinois and Wisconsin
  • 2% annual rental increases delivering consistent contractual NOI growth
  • Established retail corridor with Walmart, Home Depot, CVS, and Starbucks nearby
  • 11.35% going-in cap rate with $110,629 annual NOI
  • Fully redeveloped in 2021, limiting near-term capital requirements
  • Affluent trade area with average household incomes exceeding $107,932

Executive Summary

Broker Of Record
Matthew M. Fitzgerald
Matthews Real Estate Investment Services, Inc
471021676, 478027547 (IL)
600 W Fulton, Ste 100 Chicago, IL 60661 (866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,246 SF
Building Class
B
Year Built
2003
Price
$1,344,466 CAD
Price Per SF
$414.19 CAD
Cap Rate
11.35%
NOI
$152,551 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,246 SF
Building FAR
0.08
Lot Size
0.91 AC
Zoning
C1
Parking
14 Spaces (4.31 Spaces per 1,000 SF Leased)

Links

Property Taxes

Parcel Number 03-25.0-328-017 Improvements Assessment $192,788 CAD
Land Assessment $74,670 CAD Total Assessment $267,458 CAD

Property Taxes

Parcel Number
03-25.0-328-017
Land Assessment
$74,670 CAD
Improvements Assessment
$192,788 CAD
Total Assessment
$267,458 CAD
 

  • Listing ID: 41793085

  • Date on Market: 2026-08-18

  • Last Updated:

  • Address: 406 Hartman Ln, O'Fallon, IL 62269

The Office Property at 406 Hartman Ln, O'Fallon, IL 62269 is currently available for Sale. Contact Matthews™ for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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406 Hartman Ln, O'Fallon, IL for sale Building Photo- Image 1 of 5
HSHS Administration Center 406 Hartman Lane - O'Fallon IL, pic-4 WM
406 Hartman Ln, O'Fallon, IL for sale Building Photo- Image 2 of 5
HSHS Administration Center 406 Hartman Lane - O'Fallon IL, pic-3 WM
406 Hartman Ln, O'Fallon, IL for sale Building Photo- Image 3 of 5
HSHS Administration Center 406 Hartman Lane - O'Fallon IL, pic-2 WM
406 Hartman Ln, O'Fallon, IL for sale Building Photo- Image 4 of 5
HSHS Administration Center 406 Hartman Lane - O'Fallon IL, pic-1 WM
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