For Sale
$950,000

423 Illinois St Belleville, IL 62220

Thriving Preschool Business & Real Estate

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a profitable, established daycare and preschool for sale in Belleville, Illinois. Located at 423 S Illinois St, this property encompasses 13,770 square feet on a 0.53-acre lot, featuring a main building constructed in 1932 and extensively renovated in 2020. The property includes four classrooms on the lower walk-out level and three additional classrooms on the upper floor. Upper-level amenities include a large cafeteria, a fully equipped kitchen, a private office, and a staff breakroom/kitchenette. The center boasts two fenced-in playgrounds and ample parking for 26 vehicles on asphalt surfaces. The building is fully sprinklered and zoned C-1 Light Commercial. Currently operating at over 80% capacity (seasonal), with a maximum permitted enrollment of 97 children, this daycare has experienced a remarkable 33% annual increase in net operating income since 2021. The sale includes all furniture, fixtures, and equipment (FF&E) related to the business, along with the real estate across three parcels. The property's ceiling height is 7'10". A fourth parcel, potentially an additional rental house, may also be available for purchase separately. The asking price for this turnkey operation is $950,000, representing a price per square foot of $68.99. Detailed financial information is available upon request. The property's APN is 08-28.0-215-015 08-28.0-215-019 08-28.0-215-007.

Highlights

  • Four lower-level classrooms with walkout access.
  • Three upper-level classrooms.
  • Large cafeteria with kitchen.
  • Private office.
  • Staff breakroom with kitchenette.
  • Two fenced playgrounds.

Property Details for 423 Illinois St

Property type
Retail properties
Square Feet
13,770 SF
Class
C
Year Built/Renovated
1932/2020
Buildings
1
Lot Size (sq. ft)
23,087 SF

Location Insight

City
Belleville
County
St. Clair
State
Illinois
Latitude
38.5089473
Longitude
-89.9846382

FAQs

What type of property is this?
Retail property - Thriving Preschool Business & Real Estate
Where is the retail property located?
The property is located at 423 Illinois St Belleville, IL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four lower-level classrooms with walkout access.; Three upper-level classrooms.; Large cafeteria with kitchen.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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423 Illinois St
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