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    1520 Mascoutah Ave Belleville, IL 62220

    Sponsored
    For Sale
    $890,000

    Spacious Office Building, Ample Parking

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional 1.29-acre commercial property at 1520 Mascoutah Avenue in Belleville, Illinois, presents a unique investment opportunity. Priced at $890,000, this meticulously maintained building offers over 12 individual offices, perfect for a variety of business needs. The layout includes a dedicated conference room, a welcoming lobby and reception area, two bathrooms, a sizable break room, and a versatile bull pen area. A significant advantage is the inclusion of a large warehouse/shipping and receiving area, ideal for businesses requiring storage or logistical operations. The property boasts modern infrastructure, including 3-phase electric, completely new plumbing, and recently installed gutters. Security is enhanced by a comprehensive system featuring cameras and HID access. A dedicated tech room, complete with an IT cage and backup battery, ensures reliable technological support. Ample parking is provided with a lot accommodating 60+ vehicles. Recent renovations include fresh paint, new commercial trim, cleaned carpets, and sanded and stained interior doors. The absence of load-bearing walls offers exceptional flexibility in layout and potential uses beyond traditional office space. This turnkey property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer.

    Property Features for 1520 Mascoutah Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,192 SF

    Building Details

    Year Built
    1961
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St Clair-IL
    State
    Illinois
    Longitude
    -89.96034
    Latitude
    38.50571

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious Office Building, Ample Parking
    Where is this commercial real estate located?
    The property is located at 1520 Mascoutah Ave Belleville, IL.
    What is the asking price?
    The asking price for this property is $890,000.
    773-1700
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    1520 Mascoutah Ave Belleville, IL 62220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1520 Mascoutah Ave Belleville, IL 62220
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