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    400 University Dr Belleville, IL 62226

    For Sale
    $250,000

    2-4 Units - Belleville, IL

    Property size:
    2,292 SF
    Days on Market:
    223
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 400 University Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    08-24.0-411-005
    Parking features
    Garage, Garage - Attached
    Size
    2,292 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1984
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    Nester Realty Inc. (618) 567-4000 [email protected]

    Listing agent Jan V Fiss (618) 624-0400 License #475146875

    Listing date Apr 28, 2025

    MLS# 23020574 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Belleville Two-Unit Investment Property

    This two-unit property presents an investment opportunity in Belleville, Illinois. Each unit features two bedrooms and two bathrooms, along with a one-car garage. Tenants are responsible for covering all utility costs. Both units are currently occupied and include screened-in patios. The property is situated in close proximity to Southwestern Illinois College (SWIC) and the Metrolink, offering convenient access to transportation and educational facilities. With a total living area of 2292 square feet, this building is suitable for investors looking to expand their portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.929248
    Latitude
    38.516153

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    FAQs

    What type of property is this?
    Duplex - Two-unit property near SWIC and Metrolink in Belleville, Illinois.
    Where is this duplex located?
    The property is located at 400 University Dr Belleville, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime location directly across from SWIC and the Metrolink.; - Two units, each with **2 bedrooms and 2 bathrooms.**; - Each unit has a 1-car garage.
    (618) 624-0400
    Request Owner's contact information
    400 University Dr Belleville, IL 62226
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    Belleville, IL 62226
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 University Dr Belleville, IL 62226
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