140 Iowa Ave Belleville IL 62220
Two industrial warehouse buildings in downtown Belleville. The two buildings combined equal 22,058 square feet. There are five current tenants giving the property a gross income of $92,835, with total 2021 expenses of $19,874.71 equaling a NOI of $72,960.29 and a Cap Rate of 15.4%. The property would also be great for an owner user who is looking to make some income while occupying part of the property. The adjacent office building at 140 Iowa Ave is also for sale for $215,000. Parcel #:08-22.0-409-021
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All information provided through this website was obtained from sources deemed reliable; however, Property Peddler Inc. make no guarantees of the accuracy of information. All sketches and dimensions on this website are approximate and should be verified. All acreages are approximate and have been based on aerial photography, tax maps, or plat maps and are in no way guaranteed and the buyer might consider for it to be confirmed by a licensed surveyor.
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