0 Illini Dr Belleville, IL 62223
This exceptional 16.76-acre commercial land parcel presents a unique investment opportunity in Belleville, Illinois. Located in a Tax Increment Financing (TIF) District and Enterprise Zone, this property offers significant financial incentives for developers. The site boasts convenient access to major transportation arteries, including Interstate 255 (Exit 17), and is situated just nine miles from downtown St. Louis, providing easy access to a large and diverse market. Zoned C-1, this property is ready for immediate development, with all utilities already in place. The land is priced at $0.75 per square foot, totaling $547,549. The property's advantageous location next to the Belleville UPS Distribution Center further enhances its appeal and potential for significant return on investment. The parcel's size and strategic location make it ideal for a wide range of commercial developments, offering substantial potential for growth and profitability. The APN is 07-11.0-303-034. This is a rare opportunity to acquire a fully-serviced, prime commercial site in a thriving area with substantial economic development incentives. Don't miss out on this exceptional chance to build your next commercial venture. The address is Illini Drive, Belleville, IL 62223.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.