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1015 W JEFFERSON ST, VANDALIA, IL 62471-1624

MK
IL IL 475163662
Chicago-Coldwell Banker Commercial NRT
Listed by Chicago-Coldwell Banker Commercial NRT
$399,999
42 days on market
Updated 42 days ago

1015 W Jefferson St

Details
APN 18-14-16-108-001
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 26,947
Units 1
Cap Rate 7.82%
NOI $49,665
Year Built 1951
Lot Size (SqFt) 82,182

About This Property

Marketing description

1015 W Jefferson St presents a rare opportunity to acquire a versatile industrial warehouse facility in the growing Central Illinois market. The property consists of approximately ±26,947 square feet situated on ±1.84 acres and is well suited for manufacturing, warehousing, distribution, contractor operations, or owner-user occupancy.

The facility features a functional industrial layout with dock-high loading, 3-phase heavy power, warehouse airflow systems, wet sprinklers, and dedicated office space. Recent building improvements and infrastructure upgrades provide operational efficiency while minimizing immediate capital improvement needs.

Strategically located just off Interstate 70, the property offers convenient access to St. Louis, Effingham, Indianapolis, and major Midwest transportation corridors. The site also provides ample parking and outdoor operational space for trailers, equipment, or future expansion potential.

With limited industrial inventory available in many secondary Illinois markets, this property offers an attractive opportunity for both owner-users seeking operational flexibility and investors pursuing industrial assets at a basis below replacement cost.

Investment highlights

  • ±26,947 SF industrial warehouse on approximately ±1.84 acres in Vandalia, Illinois.
  • Functional warehouse/manufacturing layout with 2 dock-high loading doors and approximately 11’ clear ceiling height.
  • Equipped with 400A / 440V 3-phase power, supporting manufacturing, industrial, and distribution operations.
  • Approximately ±2,250 SF office area provides administrative and operational flexibility.
  • Recent improvements include HVAC upgrades and building renovations completed in recent years.
  • Duro-Fleece roof replacement completed in 2014, reducing near-term capital expenditure concerns.
  • Wet sprinkler system and heavy industrial infrastructure already in place.
  • Excellent accessibility just off Interstate 70 with direct connectivity to St. Louis and major Midwest transportation routes.
  • Approximately one hour from St. Louis, providing strategic regional logistics positioning.
  • Large parking and outdoor area suitable for trailer parking, outdoor storage, fleet use, or operational expansion.
  • Masonry industrial construction ideal for warehouse, light manufacturing, distribution, contractor use, or owner-user occupancy.
  • Offered vacant, allowing immediate occupancy or value-add investment opportunity.
  • Attractive acquisition basis compared to replacement cost in today’s industrial construction environment.

Listing Contacts

MK
IL IL 475163662
Chicago-Coldwell Banker Commercial NRT
Listed by Chicago-Coldwell Banker Commercial NRT

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,665.00
$4,138.75/mo

Valuation Metrics

0
DSCR
12.42%
Cap Rate
12.42%
ROI

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Additional Information

Name
sein shin
License
IL 475216671
Brokerage
Coldwell Banker
Title
Broker of Record
Name
Michael Kang
License
IL 475163662
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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