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Investment Property - Fully Leased 305-309 N Illinois St 5,970 SF 100% Leased Retail Building Belleville, IL 62220 $295,000 ($49.41/SF) 12.42% Cap Rate

Retail Spaces Illinois Belleville 305-309 N Illinois St, Belleville, IL 62220

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EXECUTIVE SUMMARY

Fully-leased mixed-use investment property for sale. Long term insurance agency tenant, barbershop, diagnostics testing user and 2, 1 BD/1BA apartments occupied on 2nd floor. Rear warehouse is currently leased. Property includes 3 additional parcels adding to the existing parking lot.

ATTACHMENTS

att_305-309-N-Illinois-St_Belleville_Investment-Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,970 SF
Building Class
C
Year Built/Renovated
1900/2010
Price
$295,000
Price Per SF
$49.41
Cap Rate
12.42%
NOI
$36,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.44 AC
Zoning
C-2 - Heavy Commercial
Parking
15 Spaces (2.51 Spaces per 1,000 SF Leased)
Frontage
24’ on Illinois St

AMENITIES

  • Air Conditioning

LINKS

1 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Regions Bank
UMB Bank
Cross Fit Nucleus
The YMCA
Pret A Manger

PROPERTY TAXES

Parcel Numbers
Multiple
  • 08-21.0-419-012
  • 08-21.0-419-013
  • 08-21.0-419-024
  • 08-21.0-419-025
 Improvements Assessment $37,140
Land Assessment $19,110 Total Assessment $56,250

PROPERTY TAXES

Parcel Numbers
Multiple
  • 08-21.0-419-012
  • 08-21.0-419-013
  • 08-21.0-419-024
  • 08-21.0-419-025
Land Assessment
$19,110
Improvements Assessment
$37,140
Total Assessment
$56,250
(618) 960-8675

Still interested?

Contact the broker for more information about this property

CONTACT

  • Listing ID: 37794458

  • Date on Market: 9/23/2025

  • Last Updated:

  • Address: 305-309 N Illinois St, Belleville, IL 62220

More public record information on 305-309 N Illinois St, Belleville, IL 62220

The Retail Property at 305-309 N Illinois St, Belleville, IL 62220 is currently available for Sale. Contact BarberMurphy Group for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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305-309 N Illinois St, Belleville, IL for sale Building Photo- Image 1 of 8
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305-309 N Illinois St, Belleville, IL for sale Building Photo- Image 3 of 8
305-309 N IL Street Floorplan
305-309 N Illinois St, Belleville, IL for sale Building Photo- Image 4 of 8
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305-309 N Illinois St, Belleville, IL for sale Building Photo- Image 5 of 8
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Investment Property - Fully Leased | 305-309 N Illinois St
(618) 960-8675 x

Investment Property - Fully Leased | 305-309 N Illinois St

Mike Durbin
(618) 960-8675

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