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Updated Three-Unit Triplex

506 N 17th Street, Belleville, IL 62226

For Sale
$149,900
Under Contract

Residential Income, Belleville, IL

Property Size1,865 SF
Lot Size0.27 Acres
Price / SF$80.38
Days on Market111

Property Features for 506 N 17th Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 1, Basement, Bedroom 2, Bedroom 1
Parking features Driveway
Basement Unfinished
Appliances Electric Range, Refrigerator
Subdivision West End Heights
Elementary school BELLEVILLE DIST 118
Middle school BELLEVILLE DIST 118
High school Belleville High School-East
Elementary school district Belleville DIST 118
Middle school district Belleville DIST 118
High school district Belleville DIST 118
Standard status Active Under Contract
APN 08-21.0-111-006
Size 1,865 SF
Lot size 0.27 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 3339

Utilities

Heating system Forced Air
Cooling system Window Unit(s), Central Air, Wall/Window Unit(s)
Water source Public

Building Details

Year built 1907
Number of units 3
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: Real Broker LLC
Listed By: Jake Kline · License #2020015376
Added: Jul 22 Changed: Oct 29 Last Checked: Nov 9 at 10:06AM
MLS# 26041866

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,865-square-foot triplex in Belleville contains three residential units with three separate 100-amp electrical services, individual electric meters, and separate furnaces. Recent improvements include new flooring, interior paint, appliances, a lower-level HVAC system, and newer electrical work. Each unit is code compliant, with two units equipped with window air conditioning. The property uses forced-air heat, public water, vinyl siding, and a shingle roof.

A garage accommodates up to six cars and has previously served as a workshop; it is currently rented as a fourth unit. Tenants are responsible for their own electricity, while water, sewer, and trash are included in the rents. The property sits on a 0.27-acre lot at 506 N 17th Street in Belleville, Illinois, and was built in 1907.

Key Highlights

  • Three residential units with 1,865 square feet of total property size
  • Three separate 100‑amp electrical services and individual electric meters
  • Garage accommodates up to 6 cars and is currently rented as a 4th unit

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

389
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Separate electrical metering and refreshed interiors support practical multifamily operations.
Where is this triplex located?
The property is located at 506 N 17th Street Belleville, IL.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Three residential units with 1,865 square feet of total property size; Three separate 100‑amp electrical services and individual electric meters; Garage accommodates up to 6 cars and is currently rented as a 4th unit
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