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Collinsville, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Collinsville, Illinois Market population: 25K. Explore income-producing properties with verified cap rates and operating...

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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 Collinsville IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Collinsville IL Properties: 2.1100%

πŸ“Š Average Income For Collinsville IL Commercial Property: $52,132

Investor Questions For Collinsville IL

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

What is the overall investment potential of Collinsville, IL, considering its demographics and economy? +
The median household income of $52,132 and a relatively high poverty rate of 13.0% in Collinsville, IL, suggest a mixed market with opportunities for affordable housing investments, while the 92.7% health insurance coverage and 24.9-minute average commute time indicate a stable workforce and decent quality of life for residents.
How does the ethnic diversity and industry landscape of Collinsville, IL, impact real estate demand? +
The top ethnicities, including White (44.0%) and Black (7.2%), and the presence of diverse industries like Information (Group) and Finance & Insurance, & Real Estate & Rental & Leasing, contribute to a robust demand for housing, with the 64.4% homeownership rate and $120,900 median property value suggesting a relatively stable market.
What are the key factors influencing the rental market in Collinsville, IL? +
The combination of a 13.0% poverty rate, 92.7% health insurance coverage, and a 24.9-minute average commute time in Collinsville, IL, indicates a working-class market with employment stability, making it an attractive location for rental investments, particularly with the top commute methods being Drove Alone, Worked At Home, and Carpooled.
How does the income inequality and employment landscape in Collinsville, IL, affect real estate investments? +
The GINI coefficient of 0.442 and the employed population of 12,195 in Collinsville, IL, suggest a moderate level of income inequality, but the presence of top industries like Professional, Scientific, & Management, & Administrative & Waste Management Services, and the $52,132 median household income, contribute to a relatively stable employment landscape, supporting real estate investment growth.
What role do education and healthcare play in the quality of life and investment potential of Collinsville, IL? +
The 90.2% high school graduation rate, 23.1% Bachelor's degree or higher, and 92.7% health insurance coverage in Collinsville, IL, indicate a well-educated and relatively healthy population, which, combined with the 24.9-minute average commute time and $120,900 median property value, suggests a high quality of life and a favorable investment environment.

Collinsville IL Real Estate & City Facts

Key facts and real estate information about Collinsville IL.

What are some of the best neighborhoods to live in Collinsville? +
Some of the best neighborhoods to live in Collinsville include the historic downtown area, as well as other neighborhoods near the city's main attractions, such as the Miner's Theatre and the D.D. Collins House. However, I was unable to find specific neighborhood names in my search results.
What are some fun things to do in Collinsville? +
There are plenty of fun things to do in Collinsville, including visiting the Cahokia Mounds State Historic Site, the Willoughby Heritage Farm and Conservation Reserve, and the Fairmount Park Casino & Racing. You can also check out the World's Largest Catsup Bottle, Splash City Waterpark, and the Collinsville swimming pool. If you're looking for something unique, be sure to explore the historic downtown area and its many shops and restaurants.
What is the food scene like in Collinsville? +
The food scene in Collinsville is diverse and offers a range of options, including BBQ spots, craft breweries, and family-owned restaurants. Some popular restaurants in the area include Agavero Grill & Cantina, The Cabin At Judy Creek, Ravanelli's, Fazzi's Restaurant, and Mungo's Italian. There are also plenty of great food trucks and other eateries to explore.
What are the pros and cons of living in Collinsville? +
The pros of living in Collinsville include its rich history and heritage, its many attractions and activities, and its diverse food scene. However, some potential cons to consider include the city's relatively small size and limited job opportunities. Additionally, like many cities, Collinsville has its own set of challenges, such as poverty and income inequality. Overall, whether or not Collinsville is a good fit for you will depend on your individual priorities and preferences.
Is Collinsville a good place to live? +
Whether or not Collinsville is a good place to live depends on your individual priorities and preferences. If you value a strong sense of community, a rich history, and a diverse range of activities and attractions, Collinsville may be a great fit for you. However, if you're looking for a larger city with more job opportunities or a more urban lifestyle, you may want to consider other options. Ultimately, Collinsville is a unique and charming city that offers a lot to its residents, but it's not perfect and has its own set of challenges.
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