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Belleville, IL Apartment Buildings for Sale

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17-Unit Condo Income Portfolio
Updated: May 21
17-Unit Condo Income Portfolio

O Fallon, IL 62269

$1,520,000
Fully leased 17‑unit income‑producing condominium portfolio in Eagle Ridge Condominiums (all 17 units occupied).
Unit mix includes one- and two‑bedroom residences across multiple phases.
All units feature fireplaces; select residences offer vaulted ceilings.
Community amenities include a pool and clubhouse.
HOA‑managed exteriors cover exterior building maintenance except windows and doors; many roofs, stairways, and siding sections have been replaced or are being updated.
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Belleville Investment Property For Sale
Updated: May 13, 2025
Belleville Investment Property For Sale

1926 W Main St, Belleville, IL

$444,000
5,340 sqft 0.27 AC lot
Turn‑key investment property with existing rental income from a Mexican restaurant and two apartments.
Prime location in downtown Belleville, IL, near major developments and high traffic.
Solid brick building with recent upgrades including a new A/C unit and roof.
On‑site paved and lighted parking lot with 8 spaces.
Opportunity to generate additional income from the unfinished 1,800 sq ft of first‑floor space.
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Stabilized Condo Portfolio in O’Fallon
Stabilized Condo Portfolio in O’Fallon

O Fallon, IL 62269

$1,520,000

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

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Belleville Redevelopment Opportunity
Belleville Redevelopment Opportunity

29 N 64th St, Belleville, IL 62223

$75,000
40,896 sqft

Versatile property in Belleville, IL, ideal for redevelopment.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 4 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Downtown St. Louis Multifamily Lofts
Downtown St. Louis Multifamily Lofts

315 N 10th St, St., Louis, MO 63101

$2,500,000

Value-add multifamily investment opportunity in downtown St. Louis.

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

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

$5,000,000

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

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Renovated Mixed-Use Building For Sale
Renovated Mixed-Use Building For Sale

Saint Louis, MO

$1,650,000
10,000 sqft 0.20 AC lot

Renovated mixed-use building with apartments and commercial spaces.

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Renovated Mixed-Use Building For Sale
Renovated Mixed-Use Building For Sale

Saint Louis, MO

$1,100,000
15,190 sqft 0.17 AC lot

Renovated mixed-use building with commercial and residential units.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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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
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339 H St
Multifamily properties

339 H St, Belleville, IL 62226

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

221-223 Bernard Dr, Belleville, IL 62223

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

9607 Main St, Belleville, IL 62223

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

207 Howard Dr, O'Fallon, IL 62269

Value Estimation by Request
0.19 AC lot
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Illinois St
Multifamily properties

0 Illinois St, Belleville, IL 62220

Value Estimation by Request
3.50 AC lot
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Belleville, IL Apartment Buildings Market Trends and Statistics

Explore 10 apartment buildings for sale in Belleville, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 46,236 square feet of properties for sale, with an estimated market value of $519,000.

Sale prices for two-family homes in Belleville, IL start at $75,000, averaging $259,500, and reaching up to $444,000 — 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
62223 $367.5K

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

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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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