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Two-Building Apartment Property
For Sale
Contact for pricing
Pending

46 Sherwood Forest, Belleville, IL 62223

Occupied multifamily asset with consistent two-bedroom layouts, individual laundry hookups, and dedicated storage areas.

Property SizeContact for details
Days on Market142

Property Features for 46 Sherwood Forest

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 9 x 2BR/1BA
Multifamily Units 9

Amenities

washer/dryer hookups
storage areas

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Nester Realty
Listed By: JV Fiss · License #IL 475146875
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:24PM

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 Nester Realty

Investment Insights

Based on property information with market context.

This multifamily property comprises 9 apartments across two buildings and two separate parcels, 46 and 47 Sherwood Forest, offered together. Every residence provides a two-bedroom, one-bathroom layout, along with washer and dryer hookups and an associated storage area. All units are currently rented, and tenants pay their own utilities.

The property is located in Belleville within the Signal Hill school district and has access to public transportation. The two-building configuration provides a defined apartment layout across the assembled parcels, with consistent unit design throughout the property.

Key Highlights

  • 9 units across two buildings
  • Each unit includes 2 bedrooms and 1 bathroom
  • All units are currently rented

Property Analytics

Current Use

Peggy's Pampering Services Community Center

Suggested Use

Top Pick Dental Office Restaurant Building Supply HVAC Service Skin Care Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 62223, IL

16,263
Population
7,804
Households
2.1
Avg Household Size
45
Median Age
33%
College-Educated
95%
High-School Grad
25.7 sq mi
ZIP Area
633
Density / Sq Mi
$69,620
Median Household Income
$40,005
Median Earnings
$1,026
Median Rent
$149,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied multifamily asset with consistent two-bedroom layouts, individual laundry hookups, and dedicated storage areas.
Where is this apartment building located?
The property is located at 46 Sherwood Forest Belleville, IL.
What are key features of this property?
This property features: 9 units across two buildings; Each unit includes 2 bedrooms and 1 bathroom; All units are currently rented
More about this property
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