1140 Illinois St IL-159, Belleville, IL
1,959 SF restaurant with drive-through, patio, and cooler.
- Added:
- Nov 19, 2025
- Days on Market:
- 205
- Last Refresh:
- May 20 at 9:33 pm
Property Features for 1140 Illinois St IL-159
General Information
- Standard status
- Active
- Size
- 1,959 SF
- Lot size
- 0.41 Acres
- Property subtype
- RETAIL
Listing agent John L Eichenlaub
Listing office BARBERMurphy (618) 277-4400
Listing date Nov 19, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of BARBERMurphy
HighLights
- 1,959 SF restaurant space ready for your vision.
- Drive‑through window for convenient service.
- High visibility with telescopic signage on Rt 15.
- Located on IL Route 159 at the IL Route 15 exit.
- Outdoor patio seating available.
- Walk‑in cooler and freezer included.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.1k | $18.96 |
| − Vacancy | −$1.6k | −$0.80 |
| EGI | $35.6k | $18.16 |
| − OpEx | −$8.9k | −$4.54 |
| NOI | $26.7k | $13.62 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.983
- Latitude
- 38.4998
