140 Iowa Avenue, Belleville, IL 62220
Oakland Add · St. Clair County
Key Facts
Description
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. Parcels included in the sale are 08-22.0-409-020 and 08-22.0-409-021
Property Information
Property Type
Commercial Sale
Sub-Type
Warehouse
Year Built
1835
Stories
2
Living Area
31,167 sq ft
Lot Size
0.22 acres
MLS® Listing#
26020702
Property Features
Cooling
Heating
Construction
Utilities
Water Source
Financial Details
Annual Taxes
$5,422
Tax year 2018
Parcel Number
08-22.0-409-021 & 08-22.0-409-021
Affordability Calculator
$99,800
Estimated monthly payment
$2,656/mo
Principal $399,200 · Est. interest $556,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Belleville, IL
- 43
- Median Days on Market
- 1,506
- Median Sq Ft
- $115
- Median Price / Sq Ft
- 208
- Active Listings
- Its price per sq ft is 86% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Belleville, IL.
Location
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Points of Interest in Belleville, IL
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 22 Rue Deau Ville Drive, Belleville, IL | $350,000 | 4 | 4 | 3,676 |
| 137 Egret Court, Belleville, IL | $355,000 | 4 | 3 | 2,810 |
| 205 S Illinois Street, Belleville, IL | $359,000 | 6 | 4 | 3,950 |
| 419 N 66th Street, Belleville, IL | $359,900 | 3 | 2 | 1,616 |
| 2511 Eastview Drive, Belleville, IL | $365,000 | — | — | 4,659 |
| 1701 Shade Tree Court, Belleville, IL | $365,000 | 4 | 4 | 3,688 |
Moving Cost Estimate
EXIT Agents in Belleville
Listing Courtesy: AH Realty Advisors, LLC - 3147731700
Presented by: Michael Sintzel
2006035238