1520 Mascoutah Ave
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1520 Mascoutah Ave
8,454 SF Office Building Belleville, IL 62220 $890,000 ($105/SF)
Executive Summary
One of a kind office building new to the market that was previously remodeled for the use of a family owned business for many years. The building consists of 12 + offices, 1 conference room, lobby and reception area, two bathrooms, a large break room, bullpen area and an ample ample sized warehouse/shipping and receiving area. In addition to the layout of the building the property also has 3 phase electric, full building backup generator, all new plumbing, new gutters, HID access, security system with cameras, a tech room with IT cage and back up battery and a 60 +/- car parking lot. The property has been meticulous taken care of and has recently been cleaned, freshly painted, new commercial trim installed, carpets cleaned and all interior doors sanded and stained. This building doesn't have load bearing walls to it can have many uses and not just limited to an office use. Please see layout of building with room measurement in the pictures section.
Taxes & Operating Expenses (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$18,516
|
$2.19
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$18,516
|
$2.19
|
Taxes & Operating Expenses (Actual - 2023)
| Taxes | |
|---|---|
| Annual | $18,516 |
| Annual Per SF | $2.19 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $18,516 |
| Annual Per SF | $2.19 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,454 SF
Year Built
1961
Price
$890,000
Price Per SF
$105
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,454 SF
Building FAR
0.15
Land Acres
1.29 AC
Parking
60 Spaces (7.1 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Signage
- Reception
- Central Heating
- Drop Ceiling
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 08-26.0-111-076 | Total Assessment | $175,159 |
| Land Assessment | $49,906 | Annual Taxes | $18,516 ($2.19/SF) |
| Improvements Assessment | $125,253 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
08-26.0-111-076
Land Assessment
$49,906
Improvements Assessment
$125,253
Total Assessment
$175,159
Annual Taxes
$18,516 ($2.19/SF)
Tax Year
2023
-
Michael Sintzel -
AH Realty Advisors LLC.
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1520 Mascoutah Ave
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