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Edwardsville, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Edwardsville, Illinois Market population: 24K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Edwardsville IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Edwardsville IL Properties: 2.1900%

πŸ“Š Average Income For Edwardsville IL Commercial Property: $69,037

Investor Questions For Edwardsville IL

Common questions from investors exploring commercial real estate in Edwardsville IL.

What is the overall investment potential of Edwardsville, IL, considering its demographics and economy? +
Edwardsville, IL, with a population of 24,320 and a median age of 31.1, presents a stable investment market, given its median household income of $69,037 and a relatively low poverty rate of 12.7%, suggesting a strong and stable workforce, which is further supported by its high health insurance coverage rate of 95.8% and diverse top industries including Transportation & Warehousing, & Utilities, Manufacturing, and Construction.
How does the ethnic diversity and industry mix in Edwardsville impact the demand for real estate? +
The city's ethnic diversity, with top ethnicities being White (45.9%), White Non-Hispanic (45.3%), and Black (4.1%), combined with its industry mix of Transportation & Warehousing, & Utilities, Manufacturing, and Construction, indicates a robust demand for housing due to employment opportunities, which is also reflected in its low average commute time of 21.9 minutes and high homeownership rate of 67.3%.
What are the implications of Edwardsville's poverty rate and health insurance coverage for real estate investors? +
The 12.7% poverty rate in Edwardsville, although relatively low, when considered alongside the high health insurance coverage rate of 95.8%, suggests a market with a significant portion of the population having access to healthcare, which can imply a more stable tenant base for investors, as health insurance coverage is often associated with employment stability and thus potentially more reliable rent payments.
How do commute times and methods in Edwardsville influence its attractiveness to investors? +
Edwardsville's average commute time of 21.9 minutes, which is relatively short, and its top commute methods being driving alone, working at home, and carpooling, indicate a city with good transportation infrastructure and flexible work arrangements, making it an attractive location for both residents and investors, as it suggests a high quality of life and potential for consistent rental income.
What insights do the median property value and taxes offer for investors looking at Edwardsville? +
The median property value of $185,400 and median property taxes of $5,797 in Edwardsville provide investors with a clear picture of the upfront and ongoing costs associated with investing in the area, suggesting a relatively balanced market where property values are substantial but not excessively high, and taxes, although a consideration, do not overly burden property owners, making it a viable option for those looking to invest in real estate.

Edwardsville IL Real Estate & City Facts

Key facts and real estate information about Edwardsville IL.

What are some of the best neighborhoods to live in Edwardsville? +
Some of the best neighborhoods to live in Edwardsville include Dunlap Lake, which is a peaceful and family-friendly neighborhood with beautiful lake views and clean surroundings. There are also other neighborhoods like those in the east parts of the city that tend to be more desired, while more affordable homes can be found in the west regions.
What are some fun things to do in Edwardsville? +
Edwardsville has a variety of things to do, including visiting the Bois Cheri Tea Factory and Tea Museum, Norman J. Levy Park & Preserve, and Qantab Beach. You can also take a day to relax at one of the city's picturesque parks, have lunch at a sidewalk café on Main Street, or pick up a few things at a local shop. Additionally, there are several events and festivals throughout the year, such as the Route 66 Festival and the Winter Market Festival.
What is the food scene like in Edwardsville? +
The food scene in Edwardsville is diverse and exciting, with a range of restaurants to choose from. Some popular options include Doc's Smokehouse & Catering, Cleveland Heath, and Peel Wood Fired Pizza. There are also several sushi bars, such as Wasabi Sushi Bar, and other international cuisine options. You can find everything from casual dining to fine dining, and there are plenty of options to suit every taste and budget. There are also plenty of great food trucks and local cafes to grab a quick bite.
What are the pros and cons of living in Edwardsville? +
The pros of living in Edwardsville include its unique blend of rural beauty and quick access to a metro scene in nearby St. Louis. The city also has a range of community events and activities, and a variety of restaurants and shops to choose from. However, some cons include the fact that it can be pricey to live in some of the more desired neighborhoods, and traffic can be a issue in certain areas. Additionally, some residents have noted that there can be a limited number of job opportunities in certain fields.
Is Edwardsville a good place to live? +
Overall, Edwardsville is a great place to live, with a lot to offer its residents. From its beautiful parks and lakes to its vibrant community events and diverse food scene, there's something for everyone in Edwardsville. While it may have some drawbacks, such as pricey neighborhoods and limited job opportunities in certain fields, the pros definitely outweigh the cons. Whether you're looking for a peaceful and family-friendly neighborhood or a more urban and vibrant atmosphere, Edwardsville has something to offer.
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