15.23 Acres for Sale of Lease Mixed-Use Development — Sale in Belleville, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Belleville, IL 62223

Photos

15.23 Acres for Sale of Lease Mixed-Use Development — Sale in Belleville, IL, photo 1 of 1

Description

• 15.23 acres site • Property is located in the booming Belleville, IL market • Site has excellent visibility to Greenmount Rd • Site has great access to the Belleville, IL market • Access lane with traffic signal at N Green Mount Rd and Progress Dr. intersection • Adjacent to Green Mount Commons anchored by Walmart and Lowes • Located in close proximity to Southwestern Illinois College and the Metro Link • Ideal for Retail, Restaurant, Multi-Family and Self Storage.

Market Context

This retail in Belleville, IL is listed for sale. Compare it against other retail listings for sale in Belleville, IL — view the full market.

As of Q4 2025, the St. Louis retail market showed a 4.4% vacancy rate, average asking rents near $15.38/SF/yr, and rents up 1.2% year over year. Source: multiple brokerage reports, Q4 2025.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the St. Louis retail market tightening or softening?
Vacancy is around 4.4%, with asking rents rising year over year (Q4 2025).

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