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Property profile & analytics

120 Jackson St Belleville, IL 62220-1427

  • Commercial real estate
  • 5,481 SF
  • 0.25 lot acres
OFF-MARKET
Last Sale
Feb 14, 2025
$450,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-1238030
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bellecourt Banquet Center / Wedding Service
  • Ellie Miller Personal Chef / Take-out & Catering / Catering Service

Property Details for 120 Jackson St

Year built
1880
Construction
WOOD
Lot size
0.25 lot acres
Property size
5,481 SF
Property type
Commercial real estate
APN
08-22-0-328-025
APU
8220328025

Description

This exceptional 9,500 square foot banquet facility, located at 120 N Jackson St in Belleville, IL (62220), is available for purchase at $495,000. Built in 1880, this two-story building boasts a rich history and is situated on a prominent corner lot, just two blocks from East Main Street and IL Route 159 in Historic Downtown Belleville. The property features two spacious dining rooms, accommodating up to 64 and 150 guests respectively. A fully equipped commercial kitchen is included, with all equipment negotiable. The building is ADA compliant, enhanced by an elevator installed in 2016. Roof maintenance is up-to-date, with a complete flat roof replacement in 2018 and repairs to the remaining roof completed at the same time. Convenient public parking is adjacent to the property. This well-maintained building offers a solid base of established clientele, presenting a turnkey opportunity for continued success in the banquet and event industry. The C-1 zoning allows for diverse uses, including restaurant, catering, event space rental, small business incubator, office space, or even residential conversion. The APN is 08-220-328-025. This is a rare opportunity to acquire a well-established business in a prime downtown location.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Belleville
County
St. Clair
State
Illinois
Longitude
-89.9813
Latitude
38.5153
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,039
$18,962
$87,983
$106,945
-
$56,886
$263,949
$320,835
More about this property
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