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    1200 Centreville Ave Belleville, IL 62220

    For Sale
    $425,000

    67,012 SF property on 3.95 acres, excellent redevelopment opportunity.

    Property size:
    67,012 SF
    Lot size:
    3.75 Acres

    Property Features for 1200 Centreville Ave

    General Information

    Size
    67,012 SF
    Lot size
    3.75 Acres

    Source: RE/MAX Preferred, Commercial Division Agent Linda Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Belleville Redevelopment Opportunity on Route

    This 67,012 square foot property is situated on 3.95 acres. Formerly Albert’s Banquet Facility, approximately 29,995 rentable square feet of the total area is office space. 5,888 rentable square feet of office space is currently leased to the State of Illinois. The property is zoned C-2 Heavy Commercial and located in the Enterprise Zone. It offers 450 feet of frontage on Centreville Avenue (IL Route 158) and is highly visible from IL Route 15. Traffic counts are 21,500 vehicles per day on IL Route 15 and 7,900 vehicles per day on Centreville Avenue (IL Route 158). The property is located less than 17 miles from St. Louis, MO, presenting an excellent redevelopment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alberts / Fischer's Banquet Hall

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9997408
    Latitude
    38.5031349

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    FAQs

    What type of property is this?
    Office space - 67,012 SF property on 3.95 acres, excellent redevelopment opportunity.
    Where is this office space located?
    The property is located at 1200 Centreville Ave Belleville, IL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Excellent redevelopment opportunity; - Substantial 67,012 SF building on 3.95 acres; - Approximately 29,995 RSF of rentable office space, with 5,888 RSF leased to the State of Illinois offering income potential
    (618) 444-3888
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    1200 Centreville Ave Belleville, IL 62220
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    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
    1200 Centreville Ave Belleville, IL 62220
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