Two-Unit Duplex with
For Sale
$159,000
2000 W A Street, Belleville, IL 62226
Two distinct apartment layouts include a basement-access unit and a separate residence with newer HVAC.
Property Size1,566 SF
Price / SF$101.53
Days on Market8
Property Features for 2000 W A Street
General Information
Standard status
Active
Size
1,566 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
1 x 4BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,160
Amenities
High Ceilings
Entry Steps/Stairs
Building Details
Building Size
1,566 SF
Year Built
1922
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(618) 628-2400
Listed By:
Monica Mahtani · License #RASI
(618) 741-5133
Source:
Eaglerealtygroup
Added: Oct 18
Changed: Oct 23
Last Checked: Oct 23 at 5:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Select Properties
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Investment Insights
Based on property information with market context.
This 1,566-square-foot duplex, built in 1922, contains two distinct residences. Unit A has four bedrooms, two baths, a sunroom, a one-car garage, and access to the full basement. Unit B is a one-bedroom, one-bath apartment with newer HVAC. Both units have updated kitchens and bathrooms, refreshed flooring, newer vinyl windows, and a stove and refrigerator. The property is being sold as is, with month-to-month tenants in place.
Off-street parking serves the property, which is near public transit, dining, shopping, schools, and parks.
Off-street parking serves the property, which is near public transit, dining, shopping, schools, and parks.
Key Highlights
- 1,566‑square‑foot duplex built in 1922
- Unit A: 4 bedrooms, 2 baths, sunroom, 1‑car garage, and full‑basement access
- Unit B: 1 bedroom, 1 bath, and newer HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,914
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,280
$258.3K
Cap Rate 7%
$184,486
$184.5K
Cap Rate 9%
$143,489
$143.5K
Market Conditions
NOI Build-Up for 1,566 SF
Gross rent
$19.7K $12.60/SF
− Vacancy
−$1.3K −$0.82/SF
EGI
$18.4K $11.78/SF
− OpEx
−$5.5K −$3.53/SF
NOI
$12.9K $8.25/SF
Area
St. Clair County, IL
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,280
Cap Rate 7%
$184,486
Cap Rate 9%
$143,489
Alternative Uses
Best Use
Multifamily LT 5
$184.5K
$161.4K – $215.2K
NOI $12,914 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$166.2K
$145.4K – $193.9K
NOI $11,634 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$370.7K
$324.4K – $432.5K
NOI $25,951 @ 7.0% cap · market cap 16.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
Demographics for 62226, IL
29,156
Population
13,285
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,098
Density / Sq Mi
$66,018
Median Household Income
$43,284
Median Earnings
$946
Median Rent
$162,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct apartment layouts include a basement-access unit and a separate residence with newer HVAC.
Where is this duplex located?
The property is located at 2000 W A Street Belleville, IL.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 1,566‑square‑foot duplex built in 1922; Unit A: 4 bedrooms, 2 baths, sunroom, 1‑car garage, and full‑basement access; Unit B: 1 bedroom, 1 bath, and newer HVAC
