Triplex with Flexible Unit
New
For Sale
$195,000
62 Pine Trail, Fairview Heights, IL 62208
Residential Income, Fairview Heights, IL
Property Size2,352 SF
Lot Size0.28 Acres
Price / SF$82.91
Days on Market2
Property Features for 62 Pine Trail
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bathroom 3
Parking features
Driveway
Window features
Insulated Windows
Exterior features
Private Entrance
Basement
Crawl Space
Subdivision
Sunnyhill Acres
Lot features
Front Yard, Level
Elementary school
GRANT DIST 110
Middle school
GRANT DIST 110
High school
Belleville High School-East
Elementary school district
Grant DIST 110
Middle school district
Grant DIST 110
High school district
Grant DIST 110
Directions
Lincoln Trail to Pasadena Dr, left on Pine Trail.
Standard status
Active
APN
03-28.0-105-031
Size
2,352 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3600
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1966
Floors in Building
1
Number of units
3
Building materials
Brick Veneer, Lap Siding
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
Century 21 Advantage · Century 21 Real Estate
(618) 281-7621
Listed By:
Raquel Vice · License #471009948
(618) 978-0519
Added: Oct 13
Changed: Oct 14
Last Checked: Oct 14 at 5:06PM
MLS# 26063349
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.
This 1966 triplex contains 2,352 square feet across three apartments: one with a bedroom and two with two bedrooms each. One apartment is vacant and has passed the municipal occupancy inspection. The other two have tenants under a mix of annual and month-to-month leases. Unit A includes a stove and refrigerator; Unit C has those appliances along with a washer and dryer. All three units have wall air-conditioning and individual washer/dryer hookups.
The 0.28-acre property is in Fairview Heights, Illinois, with driveway parking and private entrances. Construction includes brick veneer and lap siding, with electric baseboard heat and a shingle roof. Public water serves the property. The landlord pays sewer and trash, while tenants pay their own electric and water.
The 0.28-acre property is in Fairview Heights, Illinois, with driveway parking and private entrances. Construction includes brick veneer and lap siding, with electric baseboard heat and a shingle roof. Public water serves the property. The landlord pays sewer and trash, while tenants pay their own electric and water.
Key Highlights
- Three‑unit building with one 1‑bedroom apartment and two 2‑bedroom apartments
- 2,352 square feet on a 0.28‑acre lot
- Vacant apartment passed municipal occupancy inspection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,473
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,460
$349.5K
Cap Rate 7%
$249,614
$249.6K
Cap Rate 9%
$194,144
$194.1K
Market Conditions
NOI Build-Up for 2,352 SF
Gross rent
$33.9K $14.40/SF
− Vacancy
−$2.1K −$0.89/SF
EGI
$31.8K $13.51/SF
− OpEx
−$14.3K −$6.08/SF
NOI
$17.5K $7.43/SF
Area
St. Clair County, IL
Vacancy
6.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,460
Cap Rate 7%
$249,614
Cap Rate 9%
$194,144
Alternative Uses
Best Use
Multifamily LT 5
$277.1K
$242.5K – $323.3K
NOI $19,396 @ 7.0% cap · market cap 9.95%
Second Best
Apartment 5plus
$249.6K
$218.4K – $291.2K
NOI $17,473 @ 7.0% cap · market cap 8.96%
Theoretical Best
Office A
$556.8K
$487.2K – $649.6K
NOI $38,976 @ 7.0% cap · market cap 19.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Explore this area
Business Placement
Demographics for 62208, IL
16,992
Population
8,148
Households
2.1
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
13.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$78,423
Median Household Income
$42,640
Median Earnings
$1,222
Median Rent
$167,900
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences include a vacant apartment and in-unit laundry hookups.
Where is this triplex located?
The property is located at 62 Pine Trail Fairview Heights, IL.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Three‑unit building with one 1‑bedroom apartment and two 2‑bedroom apartments; 2,352 square feet on a 0.28‑acre lot; Vacant apartment passed municipal occupancy inspection
