$700,000
$700,500
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1000 S High ST Belleville, IL 62220
14,976 SqFt
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 14,976 sqft
Price per Sqft $46
Subdivision Abends South
MLS Listing ID 25021483
Sold Date 05/30/25
Year Built 1995
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 95x200
Property Sub-Type 5 Family or More
Property 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.
Location
State IL
County St. Clair
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Laundry Other, Common Area
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Architectural Style Mid-Rise 3or4 Story
Structure Type Brick Veneer
Schools
Elementary Schools Belleville Dist 118
Middle Schools Belleville Dist 118
High Schools Belleville High School-East
School District Belleville Dist 118
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less
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