140 Iowa Ave

    Belleville, IL 62220
    • $475,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 20014876
    UPDATED: 26 min ago
    $475,000
    • 0
      BEDS
    • 1.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,058
      SQFT
    • $22
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    New to market, two industrial warehouse buildings in downtown Belleville. The two buildings combined equal 22,058 square feet. There are five current tenants giving the property a gross income of $50,715. There is also a value add opportunity here where the the one vacant space could be rented for around $1,500 per monthly bumping the gross income up to $68,715. The property would also be great for a owner user who is looking to make some income while occupying part of the property. The office building adjacent to these properties are for sale as well for $275,000. Parcel #:08-22.0-409-021

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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 2020-04-08T13:49:00.367.

    Fusion Realty, LLC: 618.781.9170
    www.fusionrealtyhomes.com/homes/103937019

    140 Iowa Ave Belleville, IL 62220

    • Price: $475,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 20014876
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.12
    Acres
    22,058
    SQFT
    $22
    $/SQFT
    Neighborhood:
    Oakland Add
    County:
    St Clair
    Property Description
    New to market, two industrial warehouse buildings in downtown Belleville. The two buildings combined equal 22,058 square feet. There are five current tenants giving the property a gross income of $50,715. There is also a value add opportunity here where the the one vacant space could be rented for around $1,500 per monthly bumping the gross income up to $68,715. The property would also be great for a owner user who is looking to make some income while occupying part of the property. The office building adjacent to these properties are for sale as well for $275,000. Parcel #:08-22.0-409-021
    Exterior Features

    Building Type 1 StoryIndustrialWarehouse Exterior Combination Land Info Included Parking Description Paved Asphalt Road Access City Street Road Frontage 304 Unit Location DowntownIndustrial Area

    Interior Features

    Cooling Central-Electric Heating Forced Air Interior Walls Concrete/Block

    Property Features

    Association Realtor Association Of Southwestern Illinois Commercial Property Type Industrial Land Conditions Unknown Current Use OfficeProfessional ServiceSelf StorageWarehouse Disclosures Sellers Discl Not Av Drive In Doors 8 Electric Service 220 VAmeren Gross Operating Income 57975.00 Lot Size Source County Records Net Income 35315.00 Possible Buyer Fees YN No Sale Includes Building & LandSome Fixtures Selling Terms CashConventional Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2018 Taxes Paid 12853 Total Expenses 22666.00 Utilities Available ElectricGas Water Public Year Built Description Unknown Zoning Commercial

    Listing provided courtesy of Ah Realty Advisors, 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 2020-04-08T13:49:00.367.

    Fusion Realty, LLC: 618.781.9170
     
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    Edwardsville IL, 62025