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    648 Carlyle Ave Belleville, IL 62221

    Sponsored
    For Sale
    $1,700,000

    Prime Location, 3,557 SF, $1.7M

    Property size:
    3,557 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,557-square-foot freestanding commercial building, located at 648 Carlyle Ave in Belleville, Illinois (zip code 62221), presents a unique investment opportunity. Currently operating as an A&W restaurant, this completely renovated property is ideally suited for a variety of uses, including retail, medical offices, or general office space. Its prime location in the heart of a bustling retail area ensures high visibility and excellent access for customers and employees. The building boasts prominent signage, including both building signage and a pylon sign, maximizing marketing potential. The asking price is $1,700,000. The property's versatile layout and high-traffic location make it an attractive prospect for savvy investors seeking a strong return on investment. Situated in St. Clair County, this property offers easy access to major transportation routes and a thriving local community. The building's recent renovation ensures it is move-in ready, minimizing upfront costs for the new owner. Don't miss this chance to acquire a highly visible and well-maintained commercial property in a desirable location.

    Property Features for 648 Carlyle Ave

    General Information

    Property type
    Restaurants
    Square Feet
    3,557 SF

    HighLights

    • Free‑standing building.
    • High‑visibility location in a prime retail area.
    • Excellent street access and visibility.
    • Prominent street frontage.
    • Situated in a dense retail corridor.
    • Completely renovated interior.
    Property Profile Location Intelligence

    Current Use by Public Records

    A&W Restaurant Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    -89.9557511
    Latitude
    38.5161391

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    FAQs

    What type of property is this?
    Restaurant - Prime Location, 3,557 SF, $1.7M
    Where is this restaurant located?
    The property is located at 648 Carlyle Ave Belleville, IL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Free-standing building.; High-visibility location in a prime retail area.; Excellent street access and visibility.
    Request Owner's contact information
    648 Carlyle Ave 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
    648 Carlyle Ave Belleville, IL 62221
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