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423 S Illinois St
Belleville, IL 62220
Successful Childcare/Preschool Business · Retail Property For Sale
EXECUTIVE SUMMARY
Well established and profitable daycare / preschool for sale. Sale includes the business, all furniture, fixtures and equipment related to the business, as well as the real estate on three parcels. Additional rental house (fouth parcel) potentially available for sale. NOI has increased by thirty-three percent (33%) every year since 2021. Contact broker for full financial details.
Current enrollment is over eighty percent (80%) of the ninety-seven (97) total children permitted (seasonal). Four classrooms on lower/walkout level and three classrooms on upper floor. Upper floor also includes large cafeteria, kitchen, private office and staff breakroom / kitchenette. Fully sprinkled throughout. Staff includes four qualified directors, seven teachers and six teacher assistants. Two fenced in playgrounds.
Great visibility on IL Route 159, just South of Belleville’s Downtown Public Square. Private parking lot included with sale. Located within both a TIF District and Enterprise Zone.
Current enrollment is over eighty percent (80%) of the ninety-seven (97) total children permitted (seasonal). Four classrooms on lower/walkout level and three classrooms on upper floor. Upper floor also includes large cafeteria, kitchen, private office and staff breakroom / kitchenette. Fully sprinkled throughout. Staff includes four qualified directors, seven teachers and six teacher assistants. Two fenced in playgrounds.
Great visibility on IL Route 159, just South of Belleville’s Downtown Public Square. Private parking lot included with sale. Located within both a TIF District and Enterprise Zone.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
13,770 SF
Building Class
C
Year Built/Renovated
1932/2020
Price
$950,000
Price Per SF
$68.99
Tenancy
Single
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.53 AC
Zoning
C-1 - Light Commercial
Parking
26 Spaces (1.89 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $85,048 | |
| Land Assessment | $15,224 | Total Assessment | $100,272 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$15,224
Improvements Assessment
$85,048
Total Assessment
$100,272
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