5600-5650 Belleville Xing | Belleville, IL 62226
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5600-5650 Belleville Xing
Belleville, IL 62226
REO | TARGET OUTLOT | ADD VALUE RETAIL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The Property Underwent an Extended Receivership Process and was Ultimately Foreclosed | It is Now a REO Asset
- The Home Depot and Target Outlot | Target has 1.1 Million Annual Visitors and The Home Depot has 604,000 Annual Visitors (Placer.ai)
- Located at the On/Off Ramp of Illinois Highway 15 Which has a Traffic Count of 56,250 Vehicles per Day
- Value-Add Opportunity | 11,355 Square Feet of Vacant Space Available to Lease
- Limited Competition | Main Retail Shopping Center Within a Seven Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
12,755 SF
Building Class
C
Year Built
2008
Percent Leased
11%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.81 AC
Zoning
C1 - Commercial
Parking
134 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
231’ on Belleville Crossing
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 08-19.0-102-008 | Improvements Assessment | $318,018 |
| Land Assessment | $476,527 | Total Assessment | $794,545 |
PROPERTY TAXES
Parcel Number
08-19.0-102-008
Land Assessment
$476,527
Improvements Assessment
$318,018
Total Assessment
$794,545
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