1639-1641 N Charles Street, Belleville, IL 62221
2-4 Units - Belleville, IL
- Added:
- Jun 28, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 2 at 11:06 pm
Property Features for 1639-1641 N Charles Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Exterior features
- Fencing
- Fencing
- Fenced
- Basement Y/N
- 1
- Appliances
- Dishwasher, Dryer, Range, Range - Gas, Refrigerator, Washer, Washer/Dryer Combo
- Standard status
- Active
- APN
- 08-15.0-419-028
- Size
- 1,530 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3724
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1900
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Unknown
- Architectural style
- Other
Listing agent Vicki Martin License #475.214166 (217) 416-3737
Listing office Century 21 Bailey & Company 2301 PONTOON ROAD, Granite City, IL (618) 931-2121
Listing date Jun 28, 2026
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey duplex with separate utilities (gas, electric, and water service for each side) and separate in‑unit washers/dryers
- Fully separated 6‑foot privacy‑fenced yards for each unit plus off‑street parking
- Major system updates completed: HVAC replaced in 2024 for both units and water heaters replaced (1641 in 2024, 1639 in 2025)
- Each side includes an oversized upper‑level loft bedroom, main‑floor pass‑through, living room, kitchen, and bath
- In‑unit laundry and appliances included: washers/dryers replaced since 2022, dishwasher, range (gas), and refrigerator included
- Both units delivered vacant at closing; 1641 is an owner‑occupied short‑term rental and may limit touring when occupied
Overview
Updates are listed for both units. For 1641, HVAC and a water heater were replaced in 2024, with additional improvements including a dishwasher installed, and updated kitchen and bathroom finishes. For 1639, HVAC was replaced in 2024 and a water heater was replaced in 2025, with new carpet installed and a portable dishwasher included.
The property is designed to support multiple housing and income strategies, including house hacking, based on the separate unit configuration and services. Unit 1641 is currently operated as an owner-occupied short-term rental and is noted as available for touring only when not occupied by guests; buyers should independently verify occupancy timing and any permitted uses for their intended future operation.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.3k | $12.60 |
| − Vacancy | −$1.3k | −$0.82 |
| EGI | $18.0k | $11.78 |
| − OpEx | −$5.4k | −$3.53 |
| NOI | $12.6k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Belleville
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.968452
- Latitude
- 38.52882
