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    511 E Main St Belleville, IL 62220

    For Sale
    $475,000

    Historic,Loft, 2-4 Units - Belleville, IL

    Property size:
    5,100 SF
    Lot size:
    0.24 Acres
    Days on Market:
    105
    Last Refresh:
    Dec 8 at 3:06 am

    Property Features for 511 E Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    08-22.0-336-024
    Parking features
    Carport
    Exterior features
    Level, Fencing, Courtyard, Private Entrance, Uncovered Courtyard
    Fencing
    Fenced
    Size
    5,100 SF
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Varies by Unit

    Building Details

    Year built
    1872
    Floors in Building
    2
    Number of units
    4
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Loft

    RE/MAX Preferred (618) 531-4887 [email protected]

    Listing agent Jason Buss (618) 624-2111 License #475162134

    Listing date Aug 26, 2025

    MLS# 25054878 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

    Historic Downtown Belleville Loft Apartments

    This is an opportunity to purchase four income-generating lofts under one roof in downtown Belleville. The Brass Lantern Lofts is an 1872 building that was revitalized in 2019 with extensive work including new electrical, plumbing, walls, and HVAC on the main floor. Three units are on the ground floor: two are two-bedroom, two-bath units of approximately 1300 square feet, each with its own courtyard. The other first-floor unit is a one-bedroom, one-bath unit of approximately 900 square feet with its own concrete patio. The upper-level unit was updated and had new HVAC installed in 2022, along with a new deck and back stairs last year. This unit is a three-bedroom, one-bath unit of approximately 1600 square feet. All units have stainless steel appliances and washer and dryer hookups. The owner pays for water, sewer, and trash for the ground floor units, while the upper unit pays its own water and sewer bill. Each loft gets two parking spaces, with 18 spaces total, leaving 5 spaces to rent for additional income. The property is located in an area of Belleville that has become more desirable over time. The lot size is 0.24 acres, and the property size is 5100 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belleville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.977967
    Latitude
    38.513904

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    FAQs

    What type of property is this?
    Quadplex - Four income-generating lofts in revitalized 1872 building.
    Where is this quadplex located?
    The property is located at 511 E Main St Belleville, IL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Four income-generating lofts under one roof in downtown Belleville.; - Substantial renovations completed in 2019, including new electrical, plumbing, walls, and HVAC on the main floor.; - Includes three ground floor units (two 2-bed/2-bath with courtyards, one 1-bed/1-bath with patio) and one upper level 3-bed/1-bath unit.
    (618) 624-2111
    Request Owner's contact information
    511 E Main St Belleville, IL 62220
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    Belleville, IL 62220
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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
    511 E Main St Belleville, IL 62220
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