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Executive Summary
The Coachworks office and warehouse complex. This is a value add property and is priced to sell! Don't miss this opportunity to own a piece of history in downtown Belleville. The office building consists of 20 small and large office spaces situated on 2 floors totaling 7,876 square feet. In addition to the offices there are two kitchens, five restrooms and two conference rooms that can be utilized by all tenants. The warehouse property which is 23,300 square feet, consists of two buildings with 4 current tenants but has a few vacant spaces that could be leased out as well. The main building also has 2 drive in bays and a 2 bay loading dock as well. Current gross rents are $95,988 per year
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$95,988
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$95,988
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $95,988 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $95,988 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $499,000 | Number of Properties | 2 |
| Price / SF | $16.01 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 31,172 SF |
| Status | Active | Total Land Area | 2.52 AC |
| Price | $499,000 |
| Price / SF | $16.01 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 31,172 SF |
| Total Land Area | 2.52 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 120-136 Iowa Ave, Belleville, IL 62221 | Industrial | 22,058 SF | 1940 | - |
|
Coachworks Building
140 Iowa Ave, Belleville, IL 62221 |
Office | 9,114 SF | 1835 | - |
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