Financial
Distress signals
Property profile

940 Carlyle Ave Belleville, IL 62221

FOR SALE
Drive through restaurants
Property ID
US28-1224061
948 SF 0.36 ac lot Built 1987
Last sale Nov 2018 · $170,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Restaurant property at 940 Carlyle Avenue in Belleville, Illinois, including a building, land, and food-service equipment from a prior operation. The facility layout supports interior dining or walk-up pickup and includes a drive-through service configuration. Equipment remains on-site, and the property is set up with available utilities and on-site parking. The site is located across from Belleville East High School, near Southwestern Illinois College (SWIC), and is positioned along Carlyle

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$84k
Assessed land$29k
Assessed improvement$56k
Effective rate8.66%

Value estimate

· Sep 2026
$205k
$185k – $226k
AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$200/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$57 – $379

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.8
Parking Facility10.8
Kitchen & Bath10.1

Location

940 Carlyle Ave Belleville, IL 62221
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
701 Sherman, Belleville, IL 62221-4152 $35,000 Jul 2024 1,255 SF
360 Grn Mt, Belleville, IL 62221-5881 $975,000 Apr 2024 3,126 SF
605 Carlyle, Belleville, IL 62221-6224 $270,000 Oct 2023 1,842 SF
645 Carlyle, Belleville, IL 62221-6224 $1,230,000 Jul 2023 1,800 SF
648 Carlyle, Belleville, IL 62221-6225 $215,000 Apr 2022 3,557 SF
1260 Lebanon, Belleville, IL 62221 $225,000 May 2020 2,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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