1423 Main St Belleville, IL 62220

Property Details for 1423 Main St

Year built

1862

Construction

WOOD

Lot size

0.16 lot acres

Property size

2,044 SF

Property type

Commercial real estate

APN

08-21-0-324-007

APU

8210324007

Description

This 0.16-acre commercial property located at 1423 W Main Street, Belleville, IL, is being offered via auction with a starting bid of $50,000. The auction closes February 5th, 2025, at 5:00 PM. The property is zoned C-1 Light Commercial within the City of Belleville's zoning jurisdiction. The building itself features a main-level commercial space with potential for conversion into residential or rental units on the second floor. All public utilities are available but are currently inactive and require reactivation by the new owner. The structure is in need of significant repair and updating to achieve occupancy. It's crucial to note that any residential use will necessitate obtaining a special use permit from the City of Belleville. This property is sold "AS IS, WHERE IS" under auction terms. The seller will not undertake any repairs resulting from building, occupancy, or environmental inspections. A signed Auction Purchase & Sale Agreement is required upon acceptance of the final bid by the seller. This presents a unique opportunity for investors seeking a fixer-upper with high redevelopment potential in a desirable location.