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    115 Lincoln Place Ct Belleville, IL 62221

    Sponsored
    For Sale
    $368,000

    Prime Medical Office, 3,840 SF, $368K

    Property size:
    3,840 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 3,840-square-foot Class C medical office building in Belleville, Illinois, is available for sale at $368,000 ($95.83 per square foot). Built in 1999, the property features a multi-tenant configuration and is situated on a commercially zoned lot (APN 08-24.0-401-004). Ample parking is provided with 17 spaces. The building includes four private offices, an open area, a waiting area, one ADA-compliant restroom, and a galley break area. A portion of the building (1,288 square feet) is also available for lease at a monthly rate of $1,280, plus utilities and janitorial services, under a modified gross lease. The property's convenient location offers proximity to Southwestern Illinois College (SWIC) and Scott Air Force Base. Financial details are available upon request. Note that this listing is for 115 Lincoln Place Court

    Property Features for 115 Lincoln Place Ct

    General Information

    Property type
    Medical offices
    Square Feet
    3,840 SF
    Class
    C

    Building Details

    Year Built
    1999
    Stories
    1

    HighLights

    • Professional Office Building for Sale.
    • 3,864‑square‑foot building available for purchase.
    • 1,288‑square‑foot suite available for lease.
    • Four private offices, open workspace, waiting area, ADA restroom, and kitchenette.
    • Conveniently located near Southwestern Illinois College (SWIC) and Scott Air Force Base.
    • Parcel ID: 08‑24.0‑401‑004.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stange Law Firm, ... Divorce Lawyer Bliss Wellness Weight Loss Service New Seasons Counseling, ... Counselor Dawn Robinson-Murphy Chiropractor South Central Illinois ... Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -89.9375572
    Latitude
    38.5186032

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 3,840 SF, $368K
    Where is this medical office located?
    The property is located at 115 Lincoln Place Ct Belleville, IL.
    What is the asking price?
    The asking price for this property is $368,000.
    What are key features of this property?
    This property features: Professional Office Building for Sale.; 3,864-square-foot building available for purchase.; 1,288-square-foot suite available for lease.
    Request Owner's contact information
    115 Lincoln Place Ct 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
    115 Lincoln Place Ct Belleville, IL 62221
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