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$ 585,000
Est. payment /mo
New
25 S 76th ST Belleville, IL 62223
10,454 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Subdivision Ogle Place 1St Add
MLS Listing ID 25064686
Style Apartment Style
Year Built 1974
Annual Tax Amount $12,799
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 5 Family or More
Property Description
Presenting a prime investment opportunity in the heart of Belleville, Illinois—a 12-unit apartment building located in a quiet, residential neighborhood. Currently, approximately 83% of the units are rented, offering immediate income with room to increase cash flow through lease-up and potential rent adjustments.
The building includes a mix of spacious one-bedroom and two-bedroom units, each offering generous layouts, ample natural light, and separately metered gas and electric utilities. Tenants enjoy convenient off-street parking and secure entry access. There is also room for value-add improvements through cosmetic upgrades or rent increases.
Ideally located just minutes from downtown Belleville, the property offers easy access to public transportation, local schools, shopping, and dining. It's also approximately 20 minutes from Scott Air Force Base, one of the region's largest and most stable economic drivers—making this property attractive to military personnel and civilian contractors alike.
This turnkey property is ready to continue generating income from day one, with additional upside potential for future growth. Financials, rent roll, and property details are available upon request
The building includes a mix of spacious one-bedroom and two-bedroom units, each offering generous layouts, ample natural light, and separately metered gas and electric utilities. Tenants enjoy convenient off-street parking and secure entry access. There is also room for value-add improvements through cosmetic upgrades or rent increases.
Ideally located just minutes from downtown Belleville, the property offers easy access to public transportation, local schools, shopping, and dining. It's also approximately 20 minutes from Scott Air Force Base, one of the region's largest and most stable economic drivers—making this property attractive to military personnel and civilian contractors alike.
This turnkey property is ready to continue generating income from day one, with additional upside potential for future growth. Financials, rent roll, and property details are available upon request
Location
State IL
County St. Clair
Interior
Cooling Multi Units, Varies by Unit, Wall Unit(s)
Flooring Carpet, Laminate, Vinyl
Fireplace N
Exterior
View Y/N No
Building
Structure Type Brick
Schools
Elementary Schools Belleville Dist 118
Middle Schools Belleville Dist 118
High Schools Belleville High School-West
School District Belleville Dist 118
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Standard
Listed by Patrice Tucker • Keller Williams Pinnacle
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