504 Ohara Drive, Troy, IL 62294
Praireland Ii · Madison County
Key Facts
Description
This well-positioned office park in Troy, IL, includes three buildings—505 Buckeye, 500 Ohara, and 504 Ohara—offering a combined total of 11,900 ft² of versatile office space. Located conveniently near highways 55 and 70, the property ensures excellent accessibility and visibility, ideal for medical, professional, and commercial tenants. Zoned for a range of business uses, the office park features approximately 75 parking spaces to support tenant and client needs. Situated in the expanding Madison County market, this property presents a strong investment opportunity with promising tenant appeal and potential for appreciation.
Property Information
Property Type
Commercial Sale
Year Built
1997
Living Area
11,900 sq ft
Lot Size
1.33 acres
MLS® Listing#
26042142
Property Features
Construction
Financial Details
Annual Taxes
$11,512
Tax year 2024
Parcel Number
09-2-22-05-20-402-039
Directions
GPS
Affordability Calculator
$200,000
Estimated monthly payment
$5,322/mo
Principal $800,000 · Est. interest $1,116,071 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Troy, IL
- $400,000
- Median Listing Price
- 21
- Median Days on Market
- 2,502
- Median Sq Ft
- $182
- Median Price / Sq Ft
- 26
- Active Listings
- This home’s price is 150% above the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Troy, IL.
Location
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Points of Interest in Troy, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2335 Staunton Road, Troy, IL | $1,190,000 | 5 | 4 | 3,695 |
| 0 Lower Marine Road, Troy, IL | $1,212,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Troy
Listing Courtesy: Manor Real Estate - 3146476611
Presented by: Caleb Anthonis