Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    23 Public Sq Belleville, IL 62220

    Sponsored
    For Lease
    $20 SF/Yr

    Prestigious downtown Belleville office/retail space available.

    Lot size:
    61,898 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A, four-story commercial building at 23 Public Square in Belleville, IL (62220), offers a unique opportunity for businesses seeking executive office or retail space. Built in 1985 and renovated in 2005, the property boasts 61,898 square feet of total space, with a minimum divisible unit of 723 square feet and a maximum contiguous space of 4,263 square feet. Currently, 9,494 square feet are vacant and available for lease. The building features flexible floor plans suitable for various business needs, including executive offices and retail spaces. Ceiling heights range from 8 to 14 feet, providing ample space and a modern feel. The property sits on a one-acre lot and is zoned B-1. Ample parking is provided, with a ratio of 3 spaces per 1,000 square feet. Its prime location in historic downtown Belleville, directly across from the St. Clair County Courthouse, offers exceptional visibility and accessibility. The building's main floor lobby, with its views of the Public Square and fountain, would be ideal for a restaurant. The property is within walking distance of numerous restaurants and shops, providing employees and clients with convenient amenities. The APN is 08-21.0-439-026. This is a rare opportunity to secure high-quality commercial space in a vibrant and desirable location.

    Property Features for 23 Public Sq

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,898 SF
    Class
    A
    Total Rate
    103163.33

    Building Details

    Year Built/Renovated
    1985/2005
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 100
    Size
    4,263 SF
    Rate per SF
    $22
    Space
    Suite 240
    Size
    3,500 SF
    Rate per SF
    $22
    Space
    Suite 230
    Size
    723 SF
    Rate per SF
    $22
    Space
    Suite 440
    Size
    1,008 SF
    Rate per SF
    $22
    Space
    Available Space - 4 Office Suites
    Size
    13,000 SF
    Rate per SF
    $23

    HighLights

    • Class A, four‑story commercial building totaling 61,898 square feet in downtown Belleville, IL.
    • Located on Public Square, directly across from the St. Clair County Courthouse.
    • Ground floor ideal for restaurant, office, retail, or financial use; divisible units from 723 to 4,263 square feet; 9,494 square feet currently vacant.
    • Walking distance to numerous restaurants and shops.
    • Full‑service leases available; ample parking (3 spaces per 1,000 sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Alora Designs Interior Designer Edward Jones - Financial ... Financial Consultant Title IX Solutions Consultant Rhonda D Fiss ... Law Firm Mathis Marifian & Richter ... Estate Appraiser

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm 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
    -89.9834624
    Latitude
    38.5139815

    Nearby Similar for Lease

    • $10 SF/Yr
      13,144 SF

      Belleville Office Space for Lease

      Professional office suites available with highway visibility and ample parking.
      7650 Magna Dr, Belleville, IL 62223
      View Details
    • $1,425 /Mo
      1,336 SF

      Refreshed Home with Modern Updates

      Move-in ready home with new flooring, paint, and updated kitchen.
      808 N Cherry St, O Fallon, IL 62269
      View Details
    • $16 SF/Yr
      3,450 SF

      Downtown Belleville Office Space Available

      Office suites available in downtown Belleville near courthouse and amenities.
      15 N 1St St, Belleville, IL 62220
      View Details
    • $9 SF/Yr
      12,340 SF

      Belleville Office/Warehouse Space Available

      12,340 SF office/warehouse space for lease in Belleville, IL.
      9480 State Route 15, Belleville, IL 62221
      View Details
    • $325,000
      2,150 SF

      High Visibility Office/Retail Building

      2,150 SF building on 0.58 acres with redevelopment potential.
      4021 N Illinois St, Belleville, IL 62226
      View Details
    • $15 SF/Yr
      2,500 SF

      O'Fallon Office/Retail Space Available

      2,500 SF office/retail space in O'Fallon Downtown District.
      109 W 1St St, O Fallon, IL 62269
      View Details
    • $700 /Mo

      Charming Studio Apartment For Rent

      Cozy studio apartment with covered parking and convenient location.
      637 N 38Th St, Belleville, IL 62226
      View Details
    • $21 SF/Yr
      14,140 SF

      Furnished Office Space in O'Fallon

      Class A office space available for lease in O'Fallon.
      620 Pierce Blvd, O Fallon, IL 62269
      View Details
    • $28 SF/Yr
      11,998 SF

      Office Space Near I-64

      High-end office space with excellent visibility and convenient location.
      475 Regency Park, O Fallon, IL 62269
      View Details
    • Contact for pricing
      6,557 SF

      Belleville Office Building for Lease

      6,557 SF Medical/Office Space Available
      111 Lincoln St, Belleville, IL 62220
      View Details
    • $15 SF/Yr
      16,341 SF

      O'Fallon Retail Center - High Visibility

      Prime Retail Space, 3,500 SF Available
      1334 Central Park Dr, O'Fallon, IL 62269
      View Details
    • Contact for pricing
      13,018 SF

      Belleville Retail Strip Center

      High-Visibility Retail Space Available
      1609 Main St, Belleville, IL 62223
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prestigious downtown Belleville office/retail space available.
    Where is this restaurant located?
    The property is located at 23 Public Sq Belleville, IL.
    What is the lease rate?
    The lease rate is $22-$23 SF/Yr.
    What are key features of this property?
    This property features: Class A, four-story commercial building totaling 61,898 square feet in downtown Belleville, IL.; Located on Public Square, directly across from the St. Clair County Courthouse.; Ground floor ideal for restaurant, office, retail, or financial use; divisible units from 723 to 4,263 square feet; 9,494 square feet currently vacant.
    Request Owner's contact information
    23 Public Sq Belleville, IL 62220
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23 Public Sq
    Belleville, IL 62220
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    23 Public Sq Belleville, IL 62220
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.