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Property profile & analytics
OFF-MARKET Estimated value $800,000
Drive through restaurants

4320 Main St Belleville, IL 62226-5503

4,323 SF 1.28 ac lot Built 1974
Trust Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US28-1238049
Property summary
AI-generated overview

This exceptional 4,323-square-foot retail space, located at 4320 W Main Street in Belleville, Illinois (62226), presents a unique investment opportunity. Previously a Steak 'n Shake restaurant, the property boasts a convenient drive-thru window, a substantial walk-in cooler for food storage, a dedicated wash station, ample prep areas, and most essential kitchen equipment already in place. The single-tenant building, constructed in 1974 and renovated in 2017, is situated on a single story and offers 67 parking spaces, ensuring convenient access for customers. Currently vacant, this property is zoned C-1, providing flexibility for a variety of restaurant concepts. Its prime location on West Main Street benefits from high traffic volume, surrounded by numerous other retail and quick-service restaurants. The property enjoys a strong demographic advantage, with a population density exceeding 100,000 residents within a 5-mile radius, guaranteeing a substantial customer base. The property's APN is 08-18.0-215-027. This turnkey restaurant space is ready for immediate occupancy and poised for success. The existing infrastructure significantly reduces start-up costs and allows for a rapid launch of operations. Don't miss this chance to establish your business in a thriving Belleville location.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1974
Total area 4,323 SF
Lot 1.28 ac (55,757 SF)
APN 08-18-0-215-027
UPID US28-1238049
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
  • Steak 'n Shake (Temporarily Closed) Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
$667k
Blend (final) Blend
$800k
Owner & transaction history
The Darrin And Julie Dolle Trust · 2 yrs held
The Darrin And Julie Dolle Trust
since 2024
Last sale
$800,000
3 recorded transactions
2024
$400,000
2018
$800,000
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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