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1826 Raab Avenue Belleville, IL 62226

$225,000

2732 Square Feet

Tax History: $8028 - 2022

Estimated Payment: $1,066 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$225,000 , Located in JANTZEN'S ADDITION, BELLEVILLE. ZIP Code: 62226

Current Automotive Shop with attached Rental House for Sale as a Package, this property houses Ross Automotive that has been an Established Business for over 40 years, Shop is in Excellent Condition, Numerous Drive in Bays, 3 Vehicle Hoists that Stay, Overhead Furnaces in Shop, Storage Rooms, Reception area and Private office. The Rental House has Been Leased for years with Long Term Tenant and has been Maintained very well. Rent for 1828 Raab is $750.00 per month, Tenant pays Electric and Gas, Landlord pays Sewer, Trash and Water. The entire property is zoned Single Family, but shop is operating under a long-term variance with the city. New buyer would have to apply for extension on variance to keep shop operating. This a unique opportunity to buy an excellent automotive property with rental income. Equipment list for shop attached in supplements. Please call with questions, showings by appointment only and listing broker must be present.

This property is located on 0.41 Acre(s).

Near By Listings

1723 Main Street Belleville, IL 0.20 miles

11 32nd Street Belleville, IL 0.95 miles

3604 Illinois Street Belleville, IL 1.26 miles

121 Illinois Street Belleville, IL 1.27 miles

423 Illinois Street Belleville, IL 1.34 miles

Main Features:

Approximate lot size is 0 Acre(s)

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MLS#: 23059843
Listing ID: 37119
Updated: 3 days ago
Days on site: 203 days

Listing provided by

Jeff Franke

Kunkel Wittenauer Group, Inc

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2024 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.