Auto Repair and Sales
700 South Illinois Street, Belleville, IL 62220
Well-established auto sales and repair building with three drive-in bays, including a tall bay with lift.
Type:Business for Sale
Property size:
2,520 SFPrice / SF:
$198/SF- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 4:55 am
Property Features for 700 South Illinois Street
General Information
- Standard status
- Active
- Size
- 2,520 SF
- Property subtype
- Business for Sale
Building Details
- Year Built
- 1968
Listing office Transworld West Business Advisors
Listing date Jun 18, 2026
Source Crexi
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 Transworld West Business Advisors
HighLights
- Year built: 1968
- Auto sales and repair building with three drive‑in bays
- Includes one tall drive‑in bay with lift
- Business includes tools and equipment available for additional price
Overview
This for-sale automotive property is built to support an on-site auto sales and repair operation. The building includes three drive-in bays, one of which is a tall bay equipped with a lift, providing practical space for repairs and vehicle service. The property is being offered as a turnkey operating facility, with tools and equipment available for an additional price.
Located at 700 South Illinois Street in Belleville, Illinois, the site is configured for vehicles to enter and service on the premises through the drive-in bays. The layout is suited to a service-and-sales use where customer vehicles can be accommodated directly within the work area.
For buyers seeking an automotive-focused facility, the bay configuration and the presence of a lift help reduce the need for immediate buildout to begin maintenance and repair work. The offering also includes the option to acquire the existing tools and equipment for added continuity if you plan to keep the operation running. Overall, it presents a functional, service-oriented setup for an owner-operator or an investor looking to acquire an automotive service property with existing infrastructure in place.
Located at 700 South Illinois Street in Belleville, Illinois, the site is configured for vehicles to enter and service on the premises through the drive-in bays. The layout is suited to a service-and-sales use where customer vehicles can be accommodated directly within the work area.
For buyers seeking an automotive-focused facility, the bay configuration and the presence of a lift help reduce the need for immediate buildout to begin maintenance and repair work. The offering also includes the option to acquire the existing tools and equipment for added continuity if you plan to keep the operation running. Overall, it presents a functional, service-oriented setup for an owner-operator or an investor looking to acquire an automotive service property with existing infrastructure in place.
Local Financial Insights For 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 | $39.3k | $15.60 |
| − Vacancy | −$3.3k | −$1.33 |
| EGI | $36.0k | $14.27 |
| − OpEx | −$10.8k | −$4.28 |
| NOI | $25.2k | $9.99 |
2,520 SF · lease $15.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$359.7K
$314.7K – $419.7K
NOI $25,179 @ 7.0% cap · market cap 5.04%
Second Best
Industrial
$231.5K
$202.5K – $270.1K
NOI $16,203 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$596.6K
$522.0K – $696.0K
NOI $41,760 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duffy's Automotive and Sales
Car Dealership
Duffy's Automotive
Car Dealership
Circle of Health Wellness ...
Alternative Medicine Practice
Similar Places Nearby
- Belleville Towing Inc — 15 w cleveland ave, belleville, il 62220
- Auffenberg Ford, Inc. Collision — 901 S Illinois St, Belleville, IL 62220
- Bertco Automotive — 609 S Belt W, Belleville, IL 62220
- DeVan Automotive Services — 1110 S Church St, Belleville, IL 62220
- Auffenberg Body Shop — 901 S Illinois St, Belleville, IL 62220
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9833917
- Latitude
- 38.5063297
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - Well-established auto sales and repair building with three drive-in bays, including a tall bay with lift.
Where is this auto shop located?
The property is located at 700 South Illinois Street Belleville, IL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Year built: 1968; Auto sales and repair building with three drive‑in bays; Includes one tall drive‑in bay with lift
