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Property profile

511 Main St Belleville, IL 62220

OFF-MARKET
Other commercial real estate
Property ID
US28-1816063
3,387 SF 0.24 ac lot Built 1872
Last sale May 2026 · $440,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Brass Lantern Lofts is an 1872 multi-unit loft building in downtown Belleville on a 0.24-acre lot, totaling approximately 5,100 square feet of living area. The property was revitalized in 2019 with extensive improvements, including new electrical, plumbing, interior walls, and HVAC on the main floor. It contains four loft units: three units on the ground floor comprise two two-bedroom, two-bath lofts of approximately 1,300 square feet each, each with its own courtyard, and one one-bedroom,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$36k
Assessed land$18k
Assessed improvement$17k
Effective rate10.79%

Value estimate

· Oct 2026
$260k
$234k – $286k
AI approach$260k

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

Recently sold

What actually traded nearby?
$80/SF
ZIP average, outlier-cleaned · 83 recorded sales of this use type
Observed band · Q1–Q3$39 – $136
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.9
Pharmacy10.1
Computer & Electronic Repair9.6

Location

511 Main St Belleville, IL 62220-1652
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
2031 Mascoutah, Belleville, IL 62220-3418 $285,000 Jun 2025 4,300 SF
708 Illinois, Belleville, IL 62220-2142 $90,000 Jun 2025 2,640 SF
117 Main, Belleville, IL 62220-1501 $195,000 May 2025 2,210 SF
120 Main, Belleville, IL 62220-1607 $475,000 Mar 2025 2,500 SF
329 Illinois, Belleville, IL 62220-1232 $125,000 Mar 2025 3,323 SF
212 B, Belleville, IL 62220-1332 $450,000 Dec 2024 4,400 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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