4515 Illinois St Swansea, IL 62226
Lakeland Square, a single-story retail center in Belleville, Illinois (62226), offers multiple spaces for lease. Located at 4515 N Illinois St, this established center boasts 20,400 total square feet on a 1.86-acre lot and features convenient access and high visibility. Built in 1989, the property provides ample parking with a ratio of 3.1 spaces per 1,000 square feet. Currently, 2,400 square feet of space is vacant, divisible into units as small as 1,200 square feet, with a maximum contiguous space of 6,000 square feet. The property benefits from its location at a highly trafficked signalized intersection and enjoys excellent storefront and pylon signage opportunities. The center is undergoing exciting upgrades and renovations under new ownership, promising a revitalized shopping experience. The property's APN is 08-04.0-231-001. This prime location near Target offers exceptional potential for retail businesses seeking high visibility and convenient access. Seven spaces are currently available.
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.
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