Financial
Distress signals
Property profile

648 Carlyle Ave Belleville, IL 62221

FOR SALE
Banks
Property ID
US28-2582328
3,557 SF 0.73 ac lot Built 1977
Last sale Apr 2022 · $215,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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

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?
$11k
Tax billed · 2023
Assessed value$103k
Assessed land$80k
Assessed improvement$23k
Effective rate10.57%

Value estimate

· Sep 2026
$170k
$153k – $187k
AI approach$220k
NOI build-up
Gross scheduled income$68k
Vacancy & credit loss−$13k
Operating expenses−$14k
NOI · 4.21% cap applied$41k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4.21%
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.1
Dental Office27.4
Law Firm27.0

Location

648 Carlyle Ave Belleville, IL 62221
County assessor Recorded deeds · 3 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2411 Lebanon, Shiloh, IL 62221-2528 $92,500 Jul 2024 3,900 SF
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
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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