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Investment Highlights

  • Offered for sale at $700,000 or for lease at $16/SF gross
  • Former bank and commercial building providing dual use for owner-occupant, investor, or tenant
  • Positioned along Centreville Avenue with convenient access to major roadways
  • Includes commercial layout with basement offices, upper-level space, and service infrastructure

Executive Summary

1200 Centreville Avenue offers a significant redevelopment or owner-user investment opportunity in Belleville, Illinois. Listed at $700,000, this two-story building encompasses over 67,000 square feet on a 3.95-acre parcel with high-visibility frontage along Centreville Avenue. The property features a robust commercial infrastructure, including office and retail areas, a finished basement workspace, central air, commercial-grade fixtures, and a full sprinkler system. Its large paved parking area and flexible interior layout suit a wide variety of adaptive reuses, such as professional office, medical facility, service center, institutional operations, or mixed-use redevelopment.
Benefiting from a prominent Belleville location, the site is near regional thoroughfares, ensuring convenient access for employees, clients, and service providers. Whether utilized as a headquarters, converted for specialty services, or repositioned for multi-tenant occupancy, this asset offers a cost-effective foundation for capitalizing on Metro East market growth and the area's established commercial corridors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
67,012 SF
Building Class
B
Year Built
1964
Price
$700,000
Price Per SF
$10.45
Percent Leased
64%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
3.95 AC
Zoning
C-2 - Heavy Commercial
Parking
108 Spaces (1.61 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,000-24,000 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 2,000-24,000 SF Retail - Now

1st Floor

Size
2,000-24,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,000-24,000 SF
Space Use Retail
Position -
Available Now

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
08-29.0-414-024
Land Assessment
$118,763
Improvements Assessment
$138,416
Total Assessment
$257,179
  • Listing ID: 41062142

  • Date on Market: 6/25/2026

  • Last Updated:

  • Address: 1200 Centreville Ave, Belleville, IL 62220

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