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    1926 W Main St Belleville, IL 62269

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    For Sale
    $459,000

    Turn-key investment property in downtown Belleville with income potential.

    Property size:
    5,340 SF
    Lot size:
    0.27 Acres

    Property Features for 1926 W Main St

    General Information

    Size
    5,340 SF
    Lot size
    0.27 Acres

    Source: RE/MAX Results Agent Patrice TenBroek

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

    Overview

    Belleville Investment Property For Sale

    This turn-key investment property is located in downtown Belleville, Illinois, a few blocks from the Belleville Crossings Shopping Center, the new Southwestern Illinois Justice & Workforce Development Campus, and the Illinois State Police Crime Lab. The property benefits from a high daily traffic count of 4,700 vehicles per day. The solid brick building includes a full basement and a second-floor tenant apartment. An on-site paved, lighted parking lot offers 8 spaces. A new building air conditioning unit and white reflective fiber and shingle roofs have been installed within the last 2 years. The corner lot provides good visibility. Half of the first floor is currently leased to a Mexican restaurant, generating monthly lease income. The remaining 1,800-square-foot portion of the first floor has been framed out for an additional business, with partial HVAC, electric, and plumbing installed. This space is suitable for generating income from retail, slots, or a bar and grill. The second floor contains two 986-square-foot apartments, both of which are currently leased and provide additional rental income. The property size is 5,340 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    C and C Food ... Soul Food Restaurant Casa Maria Grab ... Mexican Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.0065066
    Latitude
    38.5196932

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    FAQs

    What type of property is this?
    Restaurant - Turn-key investment property in downtown Belleville with income potential.
    Where is this restaurant located?
    The property is located at 1926 W Main St Belleville, IL.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Turn-key investment property with existing rental income from a Mexican restaurant and two apartments.; - Prime location in downtown Belleville, IL, near major developments and high traffic.; - Solid brick building with recent upgrades including a new A/C unit and roof.
    (314) 614-0247
    Request Owner's contact information
    1926 W Main St Belleville, IL 62269
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    Belleville, IL 62269
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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
    1926 W Main St Belleville, IL 62269
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