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Bethalto, IL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Bethalto, Illinois Market population: 10K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....

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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 Bethalto IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Bethalto IL Properties: 2.1900%

πŸ“Š Average Income For Bethalto IL Commercial Property: $62,125

Investor Questions For Bethalto IL

Common questions from investors exploring commercial real estate in Bethalto IL.

What is the overall investment potential of Bethalto, IL, considering its demographic and economic factors? +
Bethalto, IL presents a stable investment market, with a median household income of $62,125, a relatively low poverty rate of 8.2%, and a high health insurance coverage rate of 96.2%, indicating a reliable tenant base. The top industries, including Health Care & Social Assistance, Retail Trade, and Manufacturing, contribute to a diverse economy, while the average commute time of 26.4 minutes and high rate of car ownership suggest convenient transportation options.
How does the ethnic diversity and industry mix in Bethalto, IL impact the demand for housing and rental properties? +
The predominantly White population, with a foreign-born rate of only 1.6%, suggests a relatively homogeneous community, but the presence of top industries like Health Care & Social Assistance, Retail Trade, and Manufacturing indicates a diverse range of job opportunities, which can drive demand for housing. Additionally, the high homeownership rate of 76.2% and median property value of $143,400 suggest a strong and stable housing market.
What are the key factors influencing the quality of life in Bethalto, IL, and how do they impact real estate investment decisions? +
The average commute time of 26.4 minutes, combined with a high rate of health insurance coverage (96.2%) and low unemployment rate (3.4%), contributes to a high quality of life in Bethalto, IL. These factors, along with the top commute methods (Drove Alone, Carpooled, Worked At Home), indicate a reliable and stable workforce, making it an attractive location for real estate investment, particularly for rental properties.
How does the poverty rate and income inequality in Bethalto, IL affect the rental market and tenant quality? +
The relatively low poverty rate of 8.2% and a GINI coefficient of 0.394 suggest a stable and relatively equitable income distribution, which can contribute to a reliable rental market. Furthermore, the high health insurance coverage rate of 96.2% and low unemployment rate of 3.4% indicate a stable workforce, making it more likely to attract high-quality tenants who can afford rent and maintain a property.
What role do the top industries and occupations in Bethalto, IL play in shaping the local real estate market and investment opportunities? +
The top industries, including Health Care & Social Assistance, Retail Trade, and Manufacturing, and the top occupations, such as Office & Administrative Support, Sales & Related Occupations, and Management Occupations, suggest a diverse and stable economy. This diversity can lead to a range of investment opportunities, from residential properties catering to healthcare workers to commercial properties supporting retail and manufacturing activities, making Bethalto, IL an attractive location for real estate investment.

Bethalto IL Real Estate & City Facts

Key facts and real estate information about Bethalto IL.

What are some of the best neighborhoods to live in Bethalto? +
Some of the best neighborhoods to live in Bethalto include Prestbury CDP, which has a high Kurby Score of 95/100, indicating a high quality of life. Other neighborhoods, such as those in the Village of Bethalto, are also known for being peaceful and family-friendly. According to reviews on Niche, the neighborhoods in Bethalto are very quiet and safe, making them a great place to live.
What are some fun things to do in Bethalto? +
There are plenty of fun things to do in Bethalto, including visiting the Airport Plaza Bowl, Bluestem Distillery, and Steve Bryant Community Park. You can also check out the events and things to do in Bethalto on Eventbrite, which includes the Midwest Easter Car Show. Additionally, the city has a variety of restaurants and bars, such as Laux Brickhouse Grille and Geno's 140 Club, where you can grab a bite to eat or catch a game.
What is the food scene like in Bethalto? +
The food scene in Bethalto is diverse and delicious, with a variety of restaurants serving everything from classic comfort food to globally-inspired dishes. Some popular restaurants include Roma's Pizza, Burger Bar, and Eagles Nest Family Restaurant. You can also find a range of cuisines, from Italian to American, and enjoy a drink at one of the local bars, such as Laux Brickhouse Grille. There are also plenty of great food trucks and cafes in the area, making it easy to find something to suit your taste.
What are the pros and cons of living in Bethalto? +
The pros of living in Bethalto include its peaceful and family-friendly neighborhoods, low crime rate, and easy access to I-255, IL-140, and St. Louis. The city also has a variety of community events and activities, such as the Midwest Easter Car Show, and a range of restaurants and bars. However, some cons of living in Bethalto include its limited job opportunities and lower median household income compared to other cities in the area. Additionally, the city's population is relatively small, which may limit its cultural and entertainment options.
Is Bethalto a good place to live? +
Overall, Bethalto is a great place to live for those who value a peaceful and family-friendly community with easy access to amenities and activities. While it may have some limitations, such as limited job opportunities, the city's low crime rate, good schools, and range of community events make it an attractive option for families and individuals looking for a quiet and safe place to call home. As with any city, it's worth weighing the pros and cons and considering your individual needs and priorities before making a decision.
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