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Property profile & analytics
OFF-MARKET
Retirement homes

40 64Th St Belleville, IL 62223

35,052 SF 4.69 ac lot Built 1981
Property ID
US28-1207465
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)
APN 07-12.0-213-024
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Catherine Dannenbrink Physician
  • Stephanie Lamport Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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