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    8109 Il-15 Belleville, IL 62223

    Sponsored
    For Sale
    $466,200

    Prime 14-acre commercial site, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 14.27-acre commercial land parcel presents a unique development opportunity in Belleville, Illinois. Located at 8109 IL-15, this property boasts a highly desirable C-1 zoning designation, making it suitable for a wide range of commercial ventures. All utilities are conveniently located on-site, ensuring a seamless and efficient development process. The property's strategic location within both a Tax Increment Financing (TIF) District and an Enterprise Zone offers significant financial incentives and potential tax benefits for developers. The asking price is $466,200, translating to a land value of $1.25 per square foot. The property's APN is 07-11.0-304-004. This prime location in St. Clair County, with its easy access to major transportation routes, makes it an ideal investment for businesses seeking high visibility and convenient access for customers and employees. The expansive acreage provides ample space for large-scale projects, offering flexibility in design and development. Don't miss this chance to acquire a highly sought-after commercial property in a thriving area. Contact us today to learn more about this exceptional opportunity.

    Property Features for 8109 Il-15

    General Information

    Property type
    Land
    Lot Size
    621,601 SF

    HighLights

    • $466,200 asking price for 14.27 acres of commercial land.
    • C‑1 zoning.
    • All utilities on‑site, ready for development.
    • Located in a Tax Increment Financing (TIF) District and Enterprise Zone.
    • APN: 07‑11.0‑304‑004.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.0674141
    Latitude
    38.5500305

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    FAQs

    What type of property is this?
    Land - Prime 14-acre commercial site, ready for development.
    Where is this land located?
    The property is located at 8109 Il-15 Belleville, IL.
    What is the asking price?
    The asking price for this property is $466,200.
    What are key features of this property?
    This property features: $466,200 asking price for 14.27 acres of commercial land.; C-1 zoning.; All utilities on-site, ready for development.
    (618) 407-4240
    Request Owner's contact information
    8109 Il-15 Belleville, IL 62223
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    Belleville, IL 62223
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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
    8109 Il-15 Belleville, IL 62223
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