Technical
Financial
Distress signals
Property profile

40 64Th St Belleville, IL 62223

OFF-MARKET
Retirement homes
Property ID
US28-1207465
35,052 SF 4.69 ac lot Built 1981
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 35,052 square foot senior living facility, located at 40 N 64th St, Belleville, IL 62223, presents a unique investment opportunity. Built in 1981 and situated on a generous 4.69-acre lot, the property boasts a C-2 Heavy Commercial zoning designation, offering considerable flexibility for future development or repurposing. The building features 61 rooms, three showers, a fully equipped kitchen with a hood system, a spacious dining hall, a convenient laundry facility, and six individual offices. Additional amenities include corridor nurses' stations and numerous storage closets throughout the facility. The asking price is $875,000, translating to a price per square foot of $24.96. The property's substantial size and versatile layout make it ideal for a variety of uses, including continued operation as a senior care facility, conversion to assisted living, or redevelopment into a different commercial venture. The property's location in St. Clair County, Illinois, offers excellent access to transportation and local amenities. The APN is 07-12.0-213-024. This is a rare opportunity to acquire a large-scale commercial property with significant potential in a desirable location. Serious inquiries are encouraged.

Property profile

Verified
Property type Retirement homes
Year built 1981
Total area 35,052 SF
Lot 4.69 ac (204,296 SF)
UPID US28-1207465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician

Location

40 64Th St Belleville, IL 62223
Belleville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40 64Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message