Turnkey Duplex with Separate
1639-1641 N Charles Street Belleville, IL 62221
For Sale
$189,900
MULTI_FAMILY - Belleville, IL
Property Size1,530 SF
Lot Size0.14 Acres
Price / SF$124.12
Days on Market8
Property Features for 1639-1641 N Charles Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Fencing
Privacy
Basement
Unfinished
Appliances
Dishwasher, Portable Dishwasher, Gas Range, Refrigerator, Washer/Dryer
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
Listing Agency:
Century 21 Bailey & Company
(618) 931-2121
Listed By:
Vicki Martin · License #475.214166
(618) 931-2121
Added: Jul 22
Changed: Jul 29
Last Checked: Jul 29 at 10:06PM
MLS# 26036225
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.
Investment Insights
Based on property information with market context.
Turnkey duplex offered for sale with two fully separated units, each featuring an oversized upper-level loft bedroom, main-floor pass-through, living room, kitchen, and bath. Each side includes its own 6-foot privacy-fenced yard, and there are separate gas, electric, and water services for the units. Separate in-unit washers and dryers (replaced since 2022 and included with the sale) and all kitchen appliances are provided, and off-street parking is available.
The property is located at 1639-1641 N Charles Street in Belleville, within St. Clair County. Updates include HVAC replacement in 2024 for both units, a water heater replacement in 2024 for 1641 and 2025 for 1639, and additional interior improvements such as updated kitchens and bathrooms, new carpet in 1639, and a dishwasher installed in 1641 (with a portable dishwasher included for 1639).
Both units are delivered vacant at closing. Buyers are responsible for independently verifying occupancy and permitted uses for any intended future use of the property.
The property is located at 1639-1641 N Charles Street in Belleville, within St. Clair County. Updates include HVAC replacement in 2024 for both units, a water heater replacement in 2024 for 1641 and 2025 for 1639, and additional interior improvements such as updated kitchens and bathrooms, new carpet in 1639, and a dishwasher installed in 1641 (with a portable dishwasher included for 1639).
Both units are delivered vacant at closing. Buyers are responsible for independently verifying occupancy and permitted uses for any intended future use of the property.
Key Highlights
- Turnkey duplex with separate utilities and fully separated 6‑foot privacy‑fenced yards
- Each unit features an oversized upper‑level loft bedroom plus living room, kitchen, and bath
- Major 2024‑2025 updates: HVAC replaced in 2024 for both units; water heater replaced in 2024 (1641) and 2025 (1639)
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 |
1,530 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$180.2K
$157.7K – $210.3K
NOI $12,617 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$162.4K
$142.1K – $189.4K
NOI $11,366 @ 7.0% cap · market cap 5.99%
Theoretical Best
Office A
$362.2K
$316.9K – $422.6K
NOI $25,354 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex with separate utilities, privacy-fenced yards, and updated systems across both units.
Where is this duplex located?
The property is located at 1639-1641 N Charles Street Belleville, IL.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Turnkey duplex with separate utilities and fully separated 6‑foot privacy‑fenced yards; Each unit features an oversized upper‑level loft bedroom plus living room, kitchen, and bath; Major 2024‑2025 updates: HVAC replaced in 2024 for both units; water heater replaced in 2024 (1641) and 2025 (1639)
