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Financial
Distress signals
Property profile

507 Sherman St Belleville, IL 62221

OFF-MARKET
Other commercial real estate
Property ID
US28-5372216
1,437 SF 0.15 ac lot Built 1959
Last sale Jun 2026 · $115,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A stand-alone former bakery building in a high-traffic area of Belleville, St. Clair County, Michigan, situated on a 0.15-acre lot with on-site parking and alley access. The building provides approximately 1,437 square feet and includes a customer-facing showroom area with a display case and wall racks, two separate kitchen areas, and a storage room. The property is configured with bakery-related equipment and fixtures including an oven, microwave, mixer, warming ovens, racks, and a display…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$36k
Assessed land$4k
Assessed improvement$32k
Effective rate9.39%

Value estimate

· Oct 2026
$255k
$230k – $281k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$54 – $109
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionST CLAIR

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm18.0
Dental Office16.3
Hair Salon12.8

Location

507 Sherman St Belleville, IL 62221-4148
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2301 Main, Belleville, IL 62221-5025 $98,000 Apr 2025 3,150 SF
615 Sherman, Belleville, IL 62221-4150 $73,000 Feb 2024 789 SF
2365 Country, Shiloh, IL 62221-2571 $230,000 Jun 2023 2,992 SF
1646 Charles, Belleville, IL 62221-4929 $84,500 Jan 2023 1,240 SF
8 Dexter, Belleville, IL 62221-1000 $136,000 Nov 2022 1,920 SF
772 Carlyle, Belleville, IL 62221-5500 $765,000 Nov 2022 2,443 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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