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    4021 N Illinois St Belleville, IL 62226

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    For Lease
    $325,000

    2,150 SF building on 0.58 acres with redevelopment potential.

    Property size:
    2,150 SF
    Lot size:
    0.57 Acres

    Property Features for 4021 N Illinois St

    General Information

    Size
    2,150 SF
    Lot size
    0.57 Acres

    Source: BARBERMurphy Agent Katie Bush

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

    Overview

    High Visibility Office/Retail Building

    Located on IL Route 159, this 2,150 square foot office/retail building sits on 0.58 acres and offers potential for redevelopment. The site configuration is suitable for drive-thru development, presenting quick-service restaurant potential. The flexible zoning is compatible with multiple commercial uses. Situated in an established commercial corridor, the property benefits from strong traffic counts and surrounding retail and service businesses. The existing office/retail building is offered in as-is condition, providing versatile options. This property is ideal for business owners seeking an immediate operational location and offers investment potential to complete interior buildout to suit future tenant requirements. Redevelopment options are available to maximize site potential.
    Location Intelligence

    Current Use by Public Records

    Halo Salon Beauty Salon Peyla Kathy D Insurance Agency Drenkhahn Glenn Insurance Agency

    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
    -89.9852848
    Latitude
    38.5630822

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    FAQs

    What type of property is this?
    Office building - 2,150 SF building on 0.58 acres with redevelopment potential.
    Where is this office building located?
    The property is located at 4021 N Illinois St Belleville, IL.
    What are key features of this property?
    This property features: - High visibility location on IL Route 159 in an established commercial corridor with strong traffic counts.; - 0.58-acre site with redevelopment potential, including suitability for a quick-service restaurant with drive-thru.; - Flexible zoning compatible with multiple commercial uses.
    (618) 277-4400
    Request Owner's contact information
    4021 N Illinois St Belleville, IL 62226
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    Belleville, IL 62226
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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
    4021 N Illinois St Belleville, IL 62226
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