252 North Green Mount Road

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252 North Green Mount Road

Belleville, IL 62221
Asking Price
$1.87M
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel available for sale in Belleville, Illinois.
  • The property is located at 252 North Green Mount Road.
  • The asset is listed for an asking price of $1,870,000.
  • Suitable location for new residential development and subdivision projects.
  • Positioned within the growing St. Louis metropolitan area market.

What's Special

Residential development opportunities await at 252 North Green Mount Road in Belleville, Illinois. This land parcel is positioned for developers looking to expand the local housing supply within a growing suburban market in the St. Louis metro area. The property provides sufficient acreage for a structured residential subdivision or a multi-unit housing project, catering to the ongoing demand for housing in this region. Belleville maintains a stable economic environment with convenient access to major regional thoroughfares, making it a practical choice for residential growth. Investors and builders will find the site layout accommodating for various residential configurations. Its location on North Green Mount Road offers visibility and connectivity to nearby amenities and services throughout the city. This land asset serves as a functional foundation for those looking to execute residential build-outs in a key Illinois submarket.

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NOI
$80,000
Cap Rate
4.28%
DSCR
0.72
Underwater
Cash-on-Cash
-5.53%
Monthly Payment
$9,251.74
Annual Cash Flow
$-31,020.876

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