601 S Illinois

    Belleville, IL 62220
    • $195,000
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: 19057614
    UPDATED: 61 min ago
    $195,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,040
      SQFT
    • $64
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1867
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY. 100% leased - 2 tenant building with leases. First floor is a driving school classroom - long term tenant. Second floor is a 3 bedroom 2 bath apartment. Financial information furnished upon request. Buyer must have pre-qualification before viewing space. Units are metered separately for electric and water. Listed below last appraised value. Agent Owned Don't miss out on this great investment opportunity.

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-11-21T09:49:04.

    Peter Lu Team powered by RE/MAX Select: 314-662-6578
    www.peterluteam.com/homes/97711811

    601 S Illinois Belleville, IL 62220

    • Price: $195,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 19057614
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    3,040
    SQFT
    $64
    $/SQFT
    1867
    Built
    Neighborhood:
    Chandler & Abends Add
    County:
    St Clair
    Property Description
    GREAT INVESTMENT OPPORTUNITY. 100% leased - 2 tenant building with leases. First floor is a driving school classroom - long term tenant. Second floor is a 3 bedroom 2 bath apartment. Financial information furnished upon request. Buyer must have pre-qualification before viewing space. Units are metered separately for electric and water. Listed below last appraised value. Agent Owned Don't miss out on this great investment opportunity.
    Exterior Features

    Building Type 2 StoriesApartmentFreestandingMixed UseOffice Building Construction Conventional Exterior Brick Land Info Not Available Lot Dimensions 52X155x52x113x42 Parking Description Parking LotPaved Asphalt Parking Spaces 8 Paved Area Dimension Approx 41' X 69' Road Access City Street Road Frontage 52 Roof Flat Unit Location CityCorner LocationDowntown

    Interior Features

    Cooling Central-Electric Heating Forced Air Interior Walls ComboDrywallOther Interior Walls Miscellaneous Kitchen FacilitiesPartial Fencing Sq Ft First Floor 1520 Sq Ft Second Floor 1520

    Property Features

    Association Realtor Association Of Southwestern Illinois Building Fuel Electric Business Name Mr. D's Driving School Clear Ceiling Height 10 Commercial Lease Type Gross Commercial Property Type Special Purpose/Use Conditions Unknown Cross Street Address West Adams Current Use Office/GeneralResidence Disclosures Agent OwnedCode Compliance ReqdLimited Seller DisclOccupancy Perm Req Docs Avail At Office LeasesTraffic Counts Drive In Doors 0 Electric Service 220 V Gross Operating Income 14525.00 Lease Terms None Lot Size Source County Records Net Income 11477.00 Offering Sale Operating Expense Common Area MtceMaintenanceManagementProperty InsuranceReal Estate Tax 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 Appraisal Tax Exempt 0 Tax Year 2017 Taxes Paid 4574 Total Expenses 3048.00 Utilities Available ElectricGasWaterSewerTelephone Water Public Zoning D-1 Light Industrial

    Listing provided courtesy of Concept Real Estate Co Inc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-11-21T09:49:04.

    Peter Lu Team powered by RE/MAX Select: 314-662-6578
     
    Peter Lu Team powered by RE/MAX Select
    11142 Olive Blvd
    Saint Louis MO, 63141