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Belleville, IL Apartment Buildings for Sale

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8-Unit Brick Apartment Buildings
Updated: Aug 19
8-Unit Brick Apartment Buildings

2516 & 2520 Eastview, Belleville, IL 62221

$665,000
7,280 sqft 27,030.00 AC lot
Eight units across two brick buildings totaling approximately 7,280 SF
Seven of eight units occupied; one vacant unit available for showings
Each apartment includes 2 bedrooms, 1.5 baths, and a two‑story layout
Private fenced patio areas provided for every unit
2021 roof, gutter, fascia, and soffit improvements
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8-Unit Updated Apartment Building
Updated: Aug 12
8-Unit Updated Apartment Building

961 Belle Valley Drive, Belleville, IL 62220

$594,000
6,896 sqft 0.44 AC lot
8‑unit apartment building with 6,896 square feet
All units are currently rented
Each unit includes 2 bedrooms and 1 bathroom
Lot size measures 0.44 acres; building constructed in 1984
Interior updates include remodeled kitchens and bathrooms in most units
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Updated 6-Unit Apartment Building
Updated 6-Unit Apartment Building

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft 0.29 AC lot

Two-bedroom apartments with refreshed interiors, on-site parking, and individually serviced cooling systems.

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See what stands out in St. Clair County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Updated 8-Unit Apartment Building
Updated 8-Unit Apartment Building

961 Belle Valley Dr, Belleville, IL 62220

$594,000
6,896 sqft

All units are rented, with improvements to kitchens, bathrooms, and select interior finishes.

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17-Unit Apartment Condominium Portfolio
17-Unit Apartment Condominium Portfolio

O Fallon, IL 62269

$1,520,000

Fully leased 17-unit condo portfolio with fireplaces, central air, and community pool and clubhouse amenities.

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Apartment Building with Renovated Units
Apartment Building with Renovated Units

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft

Six two-bedroom residences feature refreshed interiors, updated bathrooms, and serviced air-conditioning systems.

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Belleville Investment Property For Sale
Belleville Investment Property For Sale

1926 W Main St, Belleville, IL

Contact for pricing
5,340 sqft 0.27 AC lot

Turn-key investment property in downtown Belleville with income potential.

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Stabilized Condo Portfolio in O’Fallon
Stabilized Condo Portfolio in O’Fallon

O Fallon, IL 62269

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17-unit portfolio in O’Fallon, Illinois, with $233K gross income.

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8-Unit Multifamily Building
8-Unit Multifamily Building

7700 W Main St, Belleville, IL 62223

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Eight 1-bed, 1-bath units with tenant-paid utilities, plus a drive-in basement with two 16-foot overhead doors.

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44-Unit Apartment Community
44-Unit Apartment Community

41 York Port Dr, Belleville, IL 62221

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Nine-building residential property with one- and two-bedroom floorplans, private parking, and galley-style kitchens.

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Two-Building Apartment Property
Two-Building Apartment Property

46 Sherwood Forest, Belleville, IL 62223

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Occupied multifamily asset with consistent two-bedroom layouts, individual laundry hookups, and dedicated storage areas.

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6-Unit Apartment Building
6-Unit Apartment Building

O Fallon, IL 62269

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Most residences have recent renovations, while tenants pay their own utility costs.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 12 Active listings in Belleville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated 5-Unit Apartment Building
Updated 5-Unit Apartment Building

712-14 Shenandoah Avenue, St, Louis, MO 63104

$539,900
4,692 sqft 0.21 AC lot

Fully occupied apartments feature updated interiors, central air, and off-street parking.

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Retail and Apartment Building
Retail and Apartment Building

517 W Clay St, Collinsville, IL

Contact for pricing
2,785 sqft 0.12 AC lot

Retail space with attached greenhouse and a two-bedroom apartment.

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Downtown St. Louis Multifamily Investment
Downtown St. Louis Multifamily Investment

800 S 7th St, St., Louis, MO 63101

Contact for pricing

Value-add multifamily property with income and short-term rental potential.

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Apartment Building with Newer Roof
Apartment Building with Newer Roof

317 Bissell Avenue, Collinsville, IL 62234

Contact for pricing

Partially stripped apartment property with existing framework and layouts planned for multiple residential units.

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Off-Market Properties in Belleville, IL

Consider similar Off-Market properties in Belleville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

505 Cleveland Ave
Multifamily properties

505 Cleveland Ave, Belleville, IL 62221

Value Estimation by Request
4,722 sqft 0.55 AC lot
View details
339 H St
Multifamily properties

339 H St, Belleville, IL 62226

Value Estimation by Request
6,240 sqft 0.64 AC lot
View details
221-223 Bernard Dr
Multifamily properties

221-223 Bernard Dr, Belleville, IL 62223

Value Estimation by Request
3,360 sqft 1.10 AC lot
View details
9607 Main St
Multifamily properties

9607 Main St, Belleville, IL 62223

Value Estimation by Request
5,328 sqft
View details
207 Howard Dr
Multifamily properties

207 Howard Dr, O'Fallon, IL 62269

Value Estimation by Request
0.19 AC lot
View details
Illinois St
Multifamily properties

0 Illinois St, Belleville, IL 62220

Value Estimation by Request
3.50 AC lot
View details

Belleville, IL Apartment Buildings Market Trends and Statistics

Explore 18 apartment buildings for sale in Belleville, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 36,528 square feet of properties for sale, with an estimated market value of $4,237,000.

Sale prices for two-family homes in Belleville, IL start at $432,000, averaging $706,166, and reaching up to $1,520,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 129K
Population Growth (5Y) +2.8%
Median Household Income $78,624
College Educated 43.7%

High-Yield Neighborhoods for Investment

Identify Belleville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62220 $513K
62221 $665K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Clair County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Clair County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Belleville fall within the 50,000 to 100,000 square foot range.

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