423 S Illinois St - Day Care Center FOR SALE


Belleville, IL 62220
$950,000 USD
618-304-3917
423 S Illinois St, Belleville, IL for Sale
$950,000 USD
Day Care Center - FOR SALE
1/59
null | Request Cap Rate

423 S Illinois St
Belleville, IL 62220


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

C2

APN/PARCEL ID

08-28.0-215-015

ASK ABOUT THIS PROPERTY

Carter MarteenyBarberMurphy GroupMore Info
618-304-3917

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Carter MarteenyBarberMurphy GroupMore Info
618-304-3917

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.