Former Bank with High-End Finishes & Flexible Floor Plan

2100 S Illinois St, Belleville, IL 62220

  • For Sale $750,000
  • Property Type Office - General Office
  • Property Size 12,040 SF
  • Units 5
  • Lot Size 1.64 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2008
  • Date Updated Mar 29, 2024
2100 South Illinois Street is a well-managed office building south of the Public Square in Belleville, Illinois. Situated directly on State Route 159, this single-story office presents unmatched visibility and an exceptional signage opportunity.Golden Group Real Estate is proud to present architecturally attractive and well-managed 12,000 SF office property, known as the First State Bank Building. Located at the juncture of IR 159 and IR 15, the property is in a 25-minute drive to Downtown St. Louis, within 5 minutes to downtown Belleville & less than one mile from IR-15. With population of 42,000 Belleville is the most-populated city in Southern Illinois and in the Metro East region of Greater St. Louis. Due to its proximity to Scott Air Force Base, the population receives a boost from military and federal civilian personnel, defense contractors, and military retirees. The average household income sits at $87,306, within one-mile radius of the property, and is projected to remain steady. Recently vacated bank has invested 1.5 million dollars on the interior build-out to include beautiful class A finishes. This is an excellent value-add or owner-user opportunity at 16% occupancy with potential to be at 15.29%. One of the units is occupied by NNN tenant Lutz Insurance Agency which recently renewed its lease until November 30, 2029. The remaining 10,140 SF space can be combined for an owner-user or divided into 2, 3, 4, or 5 units to rent out as separate offices. The property enjoys ample parking, excellent visibility and high traffic counts. Appraised just for the real estate value alone at $1,660,000 in 2007, this property is offered at a deep discounted price.

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Highlights

  • Great owner-user or value-add opportunity at 15.29% cap pro-forma
  • Stand-alone single-story building with 4,631 SF move-in ready bank facility and 4200 SF, unfinished and ready to be built out
  • One of 5 units occupied by an insurance agency paying $7 PSF NNN until November 30, 2029
  • Prime location - right off State Route 159 with excellent visibility
  • Located a 25-minute drive to Downtown St. Louis, 5 minutes to downtown Belleville, 1.8 miles to the public square & less than one mile from IR-15
  • The exquisite interior of the full-service bank facility is complete with class A finishes
  • High traffic counts - over 8,150 cars pass daily along State Route 159 & Fahey Pl
  • Convenient and ample parking with effortless access to each tenant suite
  • Prominent signage with digital message center on IR 159 along with exterior signage at each tenant suite
  • Stable economy supported by government jobs, growing population and high income area
  • Variety of uses: bank, medical, professional services, daycare, fast-food restaurant and retail
  • Low St. Clair County real estate taxes
  • Offered at below appraised value - don't miss this rare opportunity

Contacts

broker

Guzel Lubinski

Golden Group Real Estate

(312) 237-0290

Location

Getting Around

  • Walk Score ®

    17/100 Car-Dependent
  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Belleville, IL
  • Zip Code 62220
  • Market St Louis

Points of Interest

  • Belleville

    2.44 miles

  • Swansea

    3.37 miles

  • College

    3.96 miles

  • Memorial Hospital

    5.17 miles

  • Shiloh-Scott

    6.66 miles

  • Fairview Heights

    8.14 miles

  • Circle K

    1.93 miles

  • Moto Mart

    1.94 miles

  • Circle K

    3.11 miles

  • Phillips 66

    3.24 miles

  • MotoMart

    3.57 miles

  • Motomart

    3.64 miles

  • BP

    3.86 miles

  • Circle K

    4.07 miles

  • Circle K

    4.37 miles

  • Zephyr Express

    4.58 miles

  • Metro Link Long Term Parking

    3.91 miles

  • Garden Ridge Parking

    7.17 miles

  • Hardee's Parking

    7.48 miles

  • OTHS Parking

    8.08 miles

  • OTHS Faculty Parking

    8.18 miles

  • OTHS Weber Field Parking

    8.22 miles

  • O'Fallon Park and Ride

    8.79 miles

  • Super 8 - Belleville, IL

    1.82 miles

  • Drury Inn

    6.65 miles

  • Fairfield Inn & Suites by Marriott O’Fallon, IL

    6.67 miles

  • Holiday Inn Express

    6.84 miles

  • AirForce Inns

    6.85 miles

  • Hilton Garden Inn

    7.03 miles

  • Baymont by Wyndham O'Fallon St. Louis Area

    7.24 miles

  • Candlewood Suites

    7.25 miles

  • Extended Stay America

    7.28 miles

  • Suburban Extended Stay Hotel

    7.34 miles

  • Beast Craft BBQ Company

    1.02 miles

  • Papa Vito's

    1.74 miles

  • Main Street Cafe

    2.35 miles

  • Eckert's Frozen Custard

    2.38 miles

  • Eckert's Restaurant

    2.38 miles

  • Cholula's Mexican Restaurant

    2.96 miles

  • Jack in the Box

    3.23 miles

  • Dos Gorditos

    3.32 miles

  • Lee's Famous Recipe Chicken

    3.42 miles

  • Dairy Queen

    3.51 miles

  • Westhaven Elementary School

    0.28 miles

  • Central Junior High/Westhaven School Campus

    0.34 miles

  • Central Junior High

    0.45 miles

  • Roosevelt School

    1.32 miles

  • Washington School

    1.53 miles

  • Belleville Central High School

    1.65 miles

  • Former Belle Valley South School

    1.99 miles

  • Raab School

    2.03 miles

  • Franklin Elementary School

    2.13 miles

  • Douglas Elementary School

    2.16 miles

  • Home

    7.93 miles

  • All About Kids Academy

    8.41 miles

  • Itty Bitty Children's City

    9.56 miles

Frequently Asked Questions

What is the lease rate for Former Bank with High-End Finishes & Flexible Floor Plan?

Rental asking rate at Former Bank with High-End Finishes & Flexible Floor Plan is $375,000.00/YR.

What is the total square footage of Former Bank with High-End Finishes & Flexible Floor Plan?

Former Bank with High-End Finishes & Flexible Floor Plan totals 12,040 square feet.

When was this property built?

Former Bank with High-End Finishes & Flexible Floor Plan was built in 2008.

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Contact Listing Broker

broker

Guzel Lubinski

Golden Group Real Estate

(312) 237-0290