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    111 W Washington Street

    Belleville, IL 62220
    • $149,900
    • STATUS: Active
    • ON SITE: 233 days
    • ID#: 20008363
    UPDATED: 48 min ago
    $149,900
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,896
      SQFT
    • $38
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1880
    County:

    School Ratings & Info

    Description

    Whether you are looking for a new home for your business or would like an income producing investment property in a highly traveled and convenient location than look no further, this property has it all. Great opportunity to own an income producing 2 story office building just a half a block from the court house in Belleville, IL. Upper level is home to 5 completely rented office spaces generating a total of $18,444 in yearly rental income at the current rental rates. The main level offers 2 private office spaces, a secretary area as well as a kitchenette and conference room. There is also a full basement currently used for storage. The property also has off street parking available behind the building.

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-10-01T07:49:07.407.

    Fusion Realty, LLC: 618.781.9170
    www.fusionrealtyhomes.com/homes/103089155
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    111 W Washington Street Belleville, IL 62220

    • Price: $149,900
    • Status: Active
    • Updated: 48 min ago
    • ID#: 20008363
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,896
    SQFT
    $38
    $/SQFT
    1880
    Built
    Neighborhood:
    Not in a subdivision
    County:
    St Clair
    Property Description
    Whether you are looking for a new home for your business or would like an income producing investment property in a highly traveled and convenient location than look no further, this property has it all. Great opportunity to own an income producing 2 story office building just a half a block from the court house in Belleville, IL. Upper level is home to 5 completely rented office spaces generating a total of $18,444 in yearly rental income at the current rental rates. The main level offers 2 private office spaces, a secretary area as well as a kitchenette and conference room. There is also a full basement currently used for storage. The property also has off street parking available behind the building.
    Exterior Features

    Building Type 2 StoriesOffice Building Construction Conventional Exterior Brick Land Info Included Lot Dimensions 42X107 Parking Description Concrete Parking Spaces 5 Road Access City Street Road Frontage 74 Roof Flat Unit Location CityDowntownHigh Traffic

    Interior Features

    Cooling Central-Electric Heating Forced Air Interior Walls DrywallPaneled Sq Ft First Floor 3104 Sq Ft Second Floor 792

    Property Features

    Association Realtor Association Of Southwestern Illinois Building Fuel Gas Commercial Property Type Commercial LandOffice Land Conditions Unknown Current Use OfficeProfessional Service Disclosures Occupancy Perm ReqSellers Discl Not Av Docs Avail At Office Aerial Photo Electric Service 220 V Gross Operating Income 0.00 Lease Terms None Lot Size Source County Records Net Income 0.00 Offering Sale Operating Expense ElectricityGasHeat/CoolingMaintenanceProperty InsuranceReal Estate TaxWater & Sewer Possession At Closing Possible Buyer Fees YN No Potential Use Office/GeneralOffice ShowroomProfessional ServiceRetail Operation Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 5689 Total Expenses 0.00 Utilities Available CableElectricGasWaterSewerTelephone Water Public Zoning C-2Heavy Commercial

    Listing provided courtesy of Adam's Realty & Auction Llc. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-10-01T07:49:07.407.

    Fusion Realty, LLC: 618.781.9170
     
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    Fusion Realty, LLC
    One 157 Center
    Edwardsville IL, 62025