Brick Duplex Income
170 Liberty Drive Belleville, IL 62226
New
For Sale
$184,900
MULTI_FAMILY - Belleville, IL
Property Size2,216 SF
Lot Size0.23 Acres
Price / SF$83.44
Days on Market4
Property Features for 170 Liberty Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3
- Parking
- 2
- Standard status
- Active
- APN
- 08-18.0-200-015
- Size
- 2,216 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 3743
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Brick Veneer
Listing Agency:
Johnston Realty, Inc.
(618) 233-8802
Listed By:
Gary Johnston · License #471004014
(618) 779-4124
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 25 at 2:06PM
MLS# 26045204
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.
Ranch-style brick duplex offering two units, each with three bedrooms and one bathroom. One side is currently vacant, while the other unit is occupied. The occupied unit is listed as renting for $1,000, and the vacant side is expected to be re-occupied prior to closing.
The property is located at 170 Liberty Drive in Belleville, Illinois 62226, in St. Clair County.
With a total building size of 2,216 square feet on a 0.23-acre lot, this duplex presents a straightforward residential income setup with consistent unit layouts across both sides.
The property is located at 170 Liberty Drive in Belleville, Illinois 62226, in St. Clair County.
With a total building size of 2,216 square feet on a 0.23-acre lot, this duplex presents a straightforward residential income setup with consistent unit layouts across both sides.
Key Highlights
- Brick veneer ranch‑style duplex built in 1969
- Duplex has 3 bedrooms and 1 bath per unit
- One unit is currently vacant; the other is occupied
Financial Insights For Apartment 5plus
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 | $31.9k | $14.40 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $29.9k | $13.51 |
| − OpEx | −$13.5k | −$6.08 |
| NOI | $16.5k | $7.43 |
2,216 SF · lease $14.40/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.1K
$228.4K – $304.6K
NOI $18,275 @ 7.0% cap · market cap 9.88%
Second Best
Apartment 5plus
$235.2K
$205.8K – $274.4K
NOI $16,463 @ 7.0% cap · market cap 8.90%
Theoretical Best
Office A
$524.6K
$459.0K – $612.0K
NOI $36,722 @ 7.0% cap · market cap 19.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Ranch-style brick duplex with two 3-bedroom, 1-bath units, including one currently vacant.
Where is this duplex located?
The property is located at 170 Liberty Drive Belleville, IL.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Brick veneer ranch‑style duplex built in 1969; Duplex has 3 bedrooms and 1 bath per unit; One unit is currently vacant; the other is occupied
