607 N Illinois St, Belleville, IL 62220

$60,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$60,000
Price Change
▼ $15,000 1784938960
Days on Market
84
MLS#
26028072
Status
ACTIVE
Subdivision
Flanagan & Kraffts Add
Property Type
Land
County
St. Clair
Lot Size
7,840
School District
Belleville DIST 118

Property Description

607, 613, & 615 N Illinois St. present a unique opportunity to acquire three prime development lots in downtown Belleville for $75,000. Just steps from the Belleville Square and Main Street shopping, dining, and entertainment district, these multifamily-zoned properties are ideal for investors and developers. Builder plans are available to help expedite future development. The area is experiencing growth, with potential TIF and grant opportunities for qualified projects. Buyers are encouraged to confirm all zoning and development possibilities with the city. Additionally, a city-owned lot at 611 N Illinois St, located between the other two lots, may be available for purchase to expand the development footprint. This central location, close to amenities and major commuter routes, makes these parcels a valuable investment as multifamily-zoned opportunities in this area are increasingly rare.

Additional Information

Elementary School
BELLEVILLE DIST 118
Jr. High School
BELLEVILLE DIST 118
Sr. High School
Belleville High School-West
Development Status
See Remarks
Selling Terms
Cash, Conventional

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Preferred.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified