423 S Illinois St
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423 S Illinois St
11,526 SF Retail Building Belleville, IL 62220 £744,135 (£65/SF)
Executive Summary
Well established and profitable daycare / preschool for sale. Sale includes the business, all furniture, fixtures and equipment related to the business, as well as the real estate on three parcels. Additional rental house (fouth parcel) potentially available for sale. NOI has increased by thirty-three percent (33%) every year since 2021. Contact broker for full financial details.
Current enrollment is over eighty percent (80%) of the ninety-seven (97) total children permitted (seasonal). Four classrooms on lower/walkout level and three classrooms on upper floor. Upper floor also includes large cafeteria, kitchen, private office and staff breakroom / kitchenette. Fully sprinkled throughout. Staff includes four qualified directors, seven teachers and six teacher assistants. Two fenced in playgrounds.
Great visibility on IL Route 159, just South of Belleville’s Downtown Public Square. Private parking lot included with sale. Located within both a TIF District and Enterprise Zone.
Current enrollment is over eighty percent (80%) of the ninety-seven (97) total children permitted (seasonal). Four classrooms on lower/walkout level and three classrooms on upper floor. Upper floor also includes large cafeteria, kitchen, private office and staff breakroom / kitchenette. Fully sprinkled throughout. Staff includes four qualified directors, seven teachers and six teacher assistants. Two fenced in playgrounds.
Great visibility on IL Route 159, just South of Belleville’s Downtown Public Square. Private parking lot included with sale. Located within both a TIF District and Enterprise Zone.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
11,526 SF
Building Class
C
Year Built
1912
Price
£744,135
Price Per SF
£65
Tenancy
Single
Number of Floors
4
Building FAR
0.73
Lot Size
0.36 AC
Zoning
C2
Parking
20 Spaces (1.74 Spaces per 1,000 SF Leased)
Frontage
50 ft on South Illinois
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 08-28.0-215-015 | Improvements Assessment | £65,910 |
Land Assessment | £8,804 | Total Assessment | £74,714 |
PROPERTY TAXES
Parcel Number
08-28.0-215-015
Land Assessment
£8,804
Improvements Assessment
£65,910
Total Assessment
£74,714
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423 S Illinois St
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