1537 Centreville AveBelleville, IL 62220

For Sale
$49,000

0.86-Acre Multi-Family Lot, $49K

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 0.86-acre (37,462 square feet) commercial and residential lot presents a prime development opportunity in Belleville, Illinois. Located on Centreville Avenue (Route 158), this property boasts 220 feet of frontage, offering multiple access points for optimal design flexibility. The lot's dimensions are ideally suited for development, measuring approximately 220 feet by 170 feet. Zoned MR-2 Multi-Family, this site allows for the construction of in-demand residential units. Situated in a well-established neighborhood surrounded by single-family homes, this location ensures high demand for multi-family housing. The asking price is $49,000, translating to an attractive price per square foot of $1.79. This represents an excellent value in a growing market, making it an ideal investment for developers seeking to capitalize on the strong demand for multi-family housing in Belleville. The property's APN is 08-29.0-404-070. This prime location and favorable zoning regulations make this a truly unique opportunity for a profitable development project. The property's address is 1537 Centreville Ave, Belleville, IL 62220.

Highlights

  • 0.86-acre lot (37,462 sq ft) priced at $1.79/sq ft.
  • 220 feet of frontage on Centreville Ave with multiple access points.
  • Multi-family (MR-2) zoning.
  • Prime location in an established neighborhood with high demand for multi-family housing.
  • 220' x 170' lot dimensions.
  • Attractive $1.79/sq ft price in a growing market.

Location Insight

City
Belleville
County
St. Clair
State
Illinois
Latitude
38.5011491
Longitude
-90.0089274
1537 Centreville Ave, Belleville, Illinois

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1537 Centreville Ave
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