Philiatros #1
Exquisite Custom Rehab with all new Updates Fully Leased Business/Townhome
Marketing description
Downtown Belleville, IL Multi Use Property
100% Leased
This exquisite complete gut rehab (2025) boasts 3950 sq ft 3 story building of total useable space plus a private entrance 900 square foot basement currently used for storage for both tenants. The first floor is 1500 square feet and leased as a commercial business. The second and third floors are 2400 sq feet and currently leased as a Luxury Townhome complete with all new appliances: refrigerator, electric oven, hood, washer, dryer. Two full baths, large laundry room, 3 bedrooms. Full of high end finishes including 4 ceiling fans and granite countertops. New roof, new windows, new asphalt parking, new electric mini split efficient heat/AC units, new luxury hardwood floors. This is listed individually or can be purchased with the property next door.
Investment highlights
Stable Investment Property
Next to Bank of Belleville and Across the street from the Belleville YMCA
2 Minute walk to the St. Clair County Courthouse
Convenient walking to downtown Belleville restaurants, shopping and the Historic Lincoln Theater
1 Large Building with ample parking
2 Qualified Tenants (1 commercial, 2 apartment)
$43,800 NOI
Contact Owner Directly
Dr. Charles R. Portwood
730-263-3540
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