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Bellevue, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bellevue, Illinois Market population: 129K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Bellevue WA Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Bellevue WA Properties: 0.7100%

πŸ“Š Average Income For Bellevue WA Commercial Property: $90,333

Investor Questions For Bellevue WA

Common questions from investors exploring commercial real estate in Bellevue WA.

What makes Bellevue, WA an attractive market for real estate investment? +
The combination of a high median household income of $90,333, a relatively low poverty rate of 7.3%, and a strong health insurance coverage rate of 93.9% suggests a stable and desirable market for investment, with a diverse population of White, White Non-Hispanic, and Asian residents.
How does the commute time and transportation infrastructure impact the quality of life for renters in Bellevue? +
The average commute time of 22.2 minutes, coupled with a range of commute methods including driving, working from home, and public transit, indicates a well-planned infrastructure that supports a high quality of life for renters, who can also benefit from the city's strong employment opportunities in top industries like Information and Professional Services.
What are the key factors that contribute to the demand for housing in Bellevue, WA? +
The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Asian, combined with its strong economy and high median household income, drives demand for housing, while the relatively low poverty rate of 7.3% and high health insurance coverage rate of 93.9% suggest a stable and secure tenant base.
How does the median property value and property taxes impact the investment potential of Bellevue's real estate market? +
The median property value of $525,000 and median property taxes of $29,921 may present a higher barrier to entry for some investors, but the city's strong employment market, with a large employed population of 65,954, and high median household income, suggest a robust potential for rental yields and long-term appreciation, making it an attractive market for investors willing to navigate the costs.
What role do demographics and industry diversity play in assessing the stability and growth potential of Bellevue's real estate market? +
The city's diverse demographics, including a median age of 37.8 and a mix of White, White Non-Hispanic, and Asian populations, combined with its diverse industry base, featuring top industries like Information, Professional Services, and Manufacturing, suggest a resilient and adaptable economy, which can help mitigate risks and support long-term growth and stability in the real estate market.

Bellevue WA Real Estate & City Facts

Key facts and real estate information about Bellevue WA.

What is the average commute time in Bellevue, WA? +
The average commute time in Bellevue, WA is 22.2 minutes.
What are the top industries in Bellevue, WA? +
The top industries in Bellevue, WA are Information, Professional, Scientific, & Management, & Administrative & Waste Management Services, and Manufacturing (Group).
What is the median household income in Bellevue, WA? +
The median household income in Bellevue, WA is $90,333.
What is the poverty rate in Bellevue, WA? +
The poverty rate in Bellevue, WA is 7.3%.
What is the health insurance coverage rate in Bellevue, WA? +
The health insurance coverage rate in Bellevue, WA is 93.9%.
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