116-120 Main St Belleville, IL 62220

This exceptional commercial property, located at 116-120 East Main Street in Belleville, Illinois, presents a unique investment opportunity. The portfolio comprises six properties totaling 24,558 square feet, situated in the heart of Belleville's downtown commercial district, within a Tax Increment Financing (TIF) district and Enterprise Zone. The buildings boast a prime location, just one block east of the town square, with convenient access from East Main Street and South High Street. The ground floor offers 28,000+ square feet of finished retail space, currently fully leased, complemented by over 1,500 square feet of mezzanine/office space. Additionally, there's 4,000+ square feet of finished lower-level space and 6,259 square feet of lower-level storage. The second and third floors, totaling over 25,000 square feet, present significant potential for redevelopment into office spaces, lofts, or apartments. The property features abundant public parking at the rear and numerous interior upgrades completed in 2013 and 2018. Specific to 116-120 East Main Street (9,204 square feet combined street level), 116 East Main is completely remodeled on the main floor, including a 1,044 square foot mezzanine. 120 East Main underwent renovations in 2018. The upper floors (11,080 square feet combined) are ideal for conversion. The asking price for this exceptional portfolio is $495,000. The property is a Class B building, constructed in 1887, with three stories, and sits on a 0.21-acre lot (APN: 08-22.0-338-017