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    601 Carlyle Ave Belleville, IL 62221

    For Sale
    $299,000

    2,600 SF restaurant in high-traffic area, suitable for conversion.

    Property size:
    2,600 SF
    Lot size:
    0.56 Acres

    Property Features for 601 Carlyle Ave

    General Information

    Size
    2,600 SF
    Lot size
    0.56 Acres

    Source: BARBERMurphy Agent John L Eichenlaub

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

    Overview

    Restaurant Building For Sale

    This 2,600 SF building, formerly an IHOP restaurant, is available for sale. Situated in a high-visibility, high-traffic area on Carlyle Ave, it benefits from an Average Daily Traffic (ADT) count of 17,500. The property presents an opportunity for conversion to office or retail use. The sale includes all equipment, with the exception of leased equipment. The building underwent a partial rehabilitation in 2017.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -89.9571442
    Latitude
    38.5166511

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    FAQs

    What type of property is this?
    Restaurant - 2,600 SF restaurant in high-traffic area, suitable for conversion.
    Where is this restaurant located?
    The property is located at 601 Carlyle Ave Belleville, IL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - High Visibility/High Traffic location with 17,500 ADT on Carlyle Ave.; - 2,600 SF Restaurant (formerly IHOP) available for Sale or Lease.; - All equipment included in the sale (except leased equipment).
    (618) 277-4400
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    601 Carlyle Ave Belleville, IL 62221
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    Belleville, IL 62221
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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
    601 Carlyle Ave Belleville, IL 62221
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