$700,500.00
Belleville, IL 62220
- 0.42 Acres
- St. Clair County
Description
Generational Investment Opportunity | All-Brick Midrise Just Blocks from Belleville Square. This is a rare chance to secure a long-term wealth-building asset in the heart of Belleville. This beautiful, all-brick midrise apartment complex offers 18 spacious 1-bedroom, 1-bath units, poised for exceptional upside. Easy access to major bus routes, this property provides tenants w/ maximum walkability & convenience — a key driver for steady occupancy and long-term value. Currently bringing in $10,800/month in gross rental income, with rents significantly below market, this is a textbook value-add opportunity for savvy investors. Tremendous room to increase income and property value. Sewer: $720, Trash: $400, Taxes: $1,681, Insurance: $500, Additional features include a community laundry area, solid tenant base, and a structure built to last — this is a true brick gem in a prime location. Expand your portfolio or making a generational move, opportunities like this don’t come around often.
Key Features
- Property Type Multi-Family, Residential Income
- Acres 0.42 Acres
- Minerals Call for more info
- MLS # 25021483
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Listing #25021483 Courtesy of Real Broker LLC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.