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Property profile & analytics
FOR SALE
Retail space

1926 W Main St Belleville, IL 62226

5,340 SF
Property ID
US28-5183523
Property summary
AI-generated overview

Turn-key commercial investment property available in downtown Belleville, IL. Located at 1926 West Main Street just blocks from the Belleville Crossings Shopping Center, the new SW IL Justice & Workforce Development Campus and the IL State Police Crime Lab. High daily traffic count of 4700 VPD. Solid brick building, impeccably clean from the full basement to the 2nd floor tenant apartment(s). On site paved, lighted parking lot with 8 spaces. New building a/c unit, and white reflective fiber and shingle roof(s) in last 3 years. Corner lot on main thoroughfare with good visibility. Half of 1st floor currently leased to Mexican restaurant providing in-place monthly lease income. Other 1,800 sq ft half of 1st floor has been framed out for an additional business to be determined by the buyer/new owner. Space ideal for generating income from retail, slots, bar & grill, etc. Partial HVAC, electric and plumbing installed. Lengthy list of quality fixtures and equipment included with sale (see Supplemental Docs / Addendum 1). 2nd floor has two very nice 986 sq ft apartments, one currently leased providing additional in place rental income. Location: City, Corner Location, Downtown, High Traffic

Property profile
Verified
Property type Retail space
Total area 5,340 SF
UPID US28-5183523
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • C and C Food For Your Soul Restaurant
  • Casa Maria Grab & Go Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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