5701 MainBelleville, IL 62226

  • Retail properties
  • 7,784 SF
Off market
$698,915 Estimated

Property Details for 5701 Main

Year built
1994
Lot size
3.98 AC
Property size (Sq ft)
7,784 SF
Property type
Retail properties
Property subtype
Banks
APN
08-07-0-106-017
APU
8070106017

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,616,225
    6.5%
    $2,414,977
    7%
    $2,242,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,529,238
    Geo Method
    $1,529,238
  • Alternative Use

    Use
    Valuation
    Residential
    $2,037,123
    Hospitality
    $1,865,994
    Educational
    $1,552,485
    Medical
    $1,605,878
    Retail
    $2,414,977
5701 Main, Belleville, Illinois

Location Insight

City
Belleville
County
St. Clair
State
Illinois
Latitude
38.5492
Longitude
-90.0339
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $410,943
  • Assessed land value
    $166,673
  • Assessed value
    $577,616
  • Tax year
    2023
  • Tax bill
    $54,219

FAQs

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