Commercial for Sale: 1826 Raab Avenue, Belleville, IL 62226

2,732 sqft
$225,000
$225,000
1826 Raab Avenue, Belleville, IL 62226
2,732 sqft
$225,000
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Price:
$225,000
$50,000 - 04/23/2024

Type Commercial
Square Footage 2,732 sqft
Lot Size 0.41 acres
Year Built 1950
Taxes Paid $6,427

City Belleville
County St Clair-IL
Subdivision Jantzen's addition

MLS 23059843
Status Active
DOM 263 days
Current Automotive Shop with attached Rental House for Sale as a Package, this property houses Ross Automotive that has been an Established Business for over 40 years, Shop is in Excellent Condition, Numerous Drive in Bays, 3 Vehicle Hoists that Stay, Overhead Furnaces in Shop, Storage Rooms, Reception area and Private office. The Rental House has Been Leased for years with Long Term Tenant and has been Maintained very well. Rent for 1828 Raab is $750.00 per month, Tenant pays Electric and Gas, Landlord pays Sewer, Trash and Water. The entire property is zoned Single Family, but shop is operating under a long-term variance with the city. New buyer would have to apply for extension on variance to keep shop operating. This a unique opportunity to buy an excellent automotive property with rental income. Equipment list for shop attached in supplements. Please call with questions, showings by appointment only and listing broker must be present.

Room Features

Misc Description Delivery Door, Exterior Lighting, Overhead Doors, Pole Sign, Wheelchair Access

Lot & Building Features

Construction Other
Cooling Electric
Heating Forced Air
Parking Description Asphalt, Gravel
Sewer Public Sewer
Tax Year 2022
Water Public

Price History of 1826 Raab Avenue, Belleville, IL

Date Name Price Difference
04/23/2024 Price Adjustment $225,000 18.18%
10/06/2023 Listing Price $275,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1826 Raab Avenue, Belleville, IL

Location Map Street View
Photo of Will Klein
Direct: 636-233-8334
Office
5988 Mid Rivers Mall Dr.
St. Charles, MO 63304
336-6216
Listed by Kunkel Wittenauer Group, Inc, Jeff Franke & Kevin Beck
$
20%
2.8564444444444%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

1826 Raab Avenue (MLS #23059843) is a commercial listing located in Belleville, IL. This commercial listing is 2,732 sqft and on a lot of 17,860 sqft (or 0.41 acres) and is 74 years old. This property was listed on 05/08/2024 and has been priced for sale at $225,000.

Nearby zip codes are 61222, 62208, 62220, 62221 and 62223. This property neighbors other cities such as Fairview Heights, Millstadt, O Fallon, Shiloh and Swansea.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Kunkel Wittenauer Group, Inc

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange