Financial
Distress signals
Property profile

7 S High St Belleville, IL 62220

FOR SALE
Other commercial real estate
Property ID
US28-4753720
8,316 SF 0.23 ac lot Built 1943
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Constructed in 1897, this 3,400-square-foot mixed-use commercial building is configured for restaurant, bar, retail, or creative business use. The two-level layout includes two full-service bars, a commercial kitchen area, restrooms on both floors, and seating for more than 60 guests, along with an outdoor patio; the interior is supported by central air and ceiling fans. The property is located at 7 S High Street in Belleville, Illinois, approximately one-half block from Main Street and one

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$30k
Tax billed · 2023
Assessed value$274k
Assessed land$17k
Assessed improvement$257k
Effective rate10.79%

Value estimate

· Sep 2026
$405k
$365k – $446k
CAP approach$1.30M
Sales comparison$1.06M
NOI build-up
Gross scheduled income$53k
Vacancy & credit loss−$5k
Operating expenses−$15k
NOI · 11.71% cap applied$34k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
11.71%
$34k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency24.5
Wholesale Shop17.1
Pharmacy16.3

Location

7 S High St Belleville, IL 62220
County assessor Recorded deeds · not on file 5 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
116 Main, Belleville, IL 62220-1607 $475,000 Mar 2025 6,972 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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