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1822 Raab Avenue

Belleville, IL 62226
  • $275,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: 23059843
UPDATED: 20 min ago
$275,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,732
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Current Automotive Shop with two Rental Houses For Sale as a Package, This property houses Ross Automotive that has been an Established Business for over 40 years, Shop is in Excellent Condition, Numerous Drive in Bays, 3 Vehicle Hoists that Stay, Overhead Furnaces in Shop, Storage Rooms, Reception area and Private office. The two Rental Houses have Been Leased for years with Long Term Tenants have been Maintained very well. Rents As Follow: 1822 Raab is $850.00 per month and 1828 Raab is $750.00 per month, Tenants pay Electric and Gas, Landlord pays Sewer, Trash and Water. The entire property is zoned Single Family but shop is operating under a long-term variance with the city. New buyer would have to apply for extension on variance to keep shop operating. This a unique opportunity to buy an excellent automotive property with rental income. Please call with questions, showings by appointment only and listing broker must be present. Second parcel number is 08-20.0-412-018

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Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-12-10T12:39:11.453.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/144151289
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1822 Raab Avenue Belleville, IL 62226

  • Price: $275,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 20 min ago
  • ID#: 23059843
0
Beds
0
Baths
0
½ Baths
0.41
Acres
2,732
SQFT
$101
$/SQFT
1950
Built
Neighborhood:
Jantzen's Addition
County:
St Clair
Property Description
Current Automotive Shop with two Rental Houses For Sale as a Package, This property houses Ross Automotive that has been an Established Business for over 40 years, Shop is in Excellent Condition, Numerous Drive in Bays, 3 Vehicle Hoists that Stay, Overhead Furnaces in Shop, Storage Rooms, Reception area and Private office. The two Rental Houses have Been Leased for years with Long Term Tenants have been Maintained very well. Rents As Follow: 1822 Raab is $850.00 per month and 1828 Raab is $750.00 per month, Tenants pay Electric and Gas, Landlord pays Sewer, Trash and Water. The entire property is zoned Single Family but shop is operating under a long-term variance with the city. New buyer would have to apply for extension on variance to keep shop operating. This a unique opportunity to buy an excellent automotive property with rental income. Please call with questions, showings by appointment only and listing broker must be present. Second parcel number is 08-20.0-412-018
Exterior Features

Attached Garage YN No Construction Materials Other Lot Size Source County Records Parking Features GravelAsphalt Parking Total 20 Road Frontage Type AlleyCity Street Roof Architecural ShingleFlat Unit Location City

Interior Features

Above Grade Finished Area Source Public Records Building Square Footage 2732.00 Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Business Name Ross Automtive Commercial Type Special Purpose/Use Cross Street 17th Street Current Financing Cash OnlyConventional Current Use Attached BuildingMixed UseAutomotiveResidential Disclosures UnknownSellers Discl Not Av Documents Available Leases Electric 220 Volts Inclusions Building & Land Miscellaneous Delivery DoorExterior LightingOverhead DoorsPole SignWheelchair Access Net Operating Income 0 Possession Close Of Escrow Possible Use AutomotiveGarageService Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 8028 Tax Year 2022 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas to SiteWater AvailableSewer AvailablePhone Available Water Source Public Zoning Single Family

Listing provided courtesy of Kunkel Wittenauer Group, Inc: 6328200. Listing information © 2023 Mid America Regional Information Systems, Inc.
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-12-10T12:39:11.453.

Fusion Realty, LLC: 618.781.9170
 
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