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    1109 Green Mount Rd Belleville, IL 62221

    Sponsored
    For Sale
    $449,000

    2.6-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 2.6-acre commercial land parcel, located at 1109 North Green Mount Road in Shiloh, Illinois (zip code 62221), presents a remarkable investment opportunity. The property, identified by APN 08-01.0-200-003/004, is zoned Highway Business and boasts 135 feet of frontage on North Green Mount Road, a high-traffic area with an average daily traffic count of 19,000 vehicles. All utilities are conveniently located on-site, simplifying development plans. The asking price is $449,000, translating to $172,693 per acre. This prime location offers unparalleled access to major thoroughfares, including Interstate 64 (Exit 16), less than one mile away. The property's proximity to numerous national retailers, restaurants, and hotels, as well as the new Memorial and St. Elizabeth's Hospitals, ensures high visibility and strong potential for future growth. The lot's depth is irregular. Note that an additional 4.28 acres of adjacent land is also available for purchase. This property is perfect for a variety of commercial ventures.

    Property Features for 1109 Green Mount Rd

    General Information

    Property type
    Land
    Lot Size
    113,256 SF

    HighLights

    • 135‑foot frontage.
    • Irregular depth.
    • Sale price: $3.96 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -89.9303781
    Latitude
    38.5680574

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    FAQs

    What type of property is this?
    Land - 2.6-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at 1109 Green Mount Rd Belleville, IL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 135-foot frontage.; Irregular depth.; Sale price: $3.96 per square foot.
    (618) 407-4240
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    1109 Green Mount Rd 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
    1109 Green Mount Rd Belleville, IL 62221
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