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Belleville, IL Multifamily Properties for Sale

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8-Unit Brick Apartment Buildings
Updated: Aug 19
8-Unit Brick Apartment Buildings

2516 & 2520 Eastview, Belleville, IL 62221

$665,000
7,280 sqft 27,030.00 AC lot
Eight units across two brick buildings totaling approximately 7,280 SF
Seven of eight units occupied; one vacant unit available for showings
Each apartment includes 2 bedrooms, 1.5 baths, and a two‑story layout
Private fenced patio areas provided for every unit
2021 roof, gutter, fascia, and soffit improvements
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Duplex with Finished Basements
Updated: Aug 15
Duplex with Finished Basements

O Fallon, IL 62269

$675,000
2,142 sqft 0.67 AC lot
Two‑unit duplex with 2 bedrooms and 3 bathrooms on each side
Left side: ~1,375 sq ft with ~500 sq ft garage; right side: 1,420 sq ft with ~490 sq ft garage
Each unit includes approximately 725 sq ft of partially finished basement space
0.67‑acre property at 106 S Lawn Avenue, O'Fallon, IL 62269
Covered composite decks overlook a deep backyard
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Ranch Duplex with Central Air
Ranch Duplex with Central Air

112 Kingsway Drive, Belleville, IL 62226

$174,500
2,032 sqft 0.21 AC lot

Ranch-style duplex on a 0.21-acre lot with two 2-bedroom, 1-bath units, central air, and a 1-car carport.

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We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Updated 8-Unit Apartment Building
Updated 8-Unit Apartment Building

961 Belle Valley Dr, Belleville, IL 62220

$594,000
6,896 sqft

All units are rented, with improvements to kitchens, bathrooms, and select interior finishes.

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Two-Unit Duplex with Off-Street Parking
Two-Unit Duplex with Off-Street Parking

517 Mascoutah Avenue, Belleville, IL 62220

$129,900
1,813 sqft 0.39 AC lot

Two residences offer central air, deck space, and public water service on a 0.39-acre parcel.

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Updated Three-Unit Triplex
Updated Three-Unit Triplex

506 N 17th Street, Belleville, IL 62226

$149,900
1,865 sqft 0.27 AC lot

Separate electrical metering and refreshed interiors support practical multifamily operations.

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Two-Unit Duplex with Central Air
Two-Unit Duplex with Central Air

O Fallon, IL 62269

$259,000
2,040 sqft 0.21 AC lot

Each residence offers two bedrooms and one bathroom, with both units currently occupied.

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Apartment Building with Renovated Units
Apartment Building with Renovated Units

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft

Six two-bedroom residences feature refreshed interiors, updated bathrooms, and serviced air-conditioning systems.

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Brick-Veneer Triplex with Porches
Brick-Veneer Triplex with Porches

222 S Jackson Street, Belleville, IL 62220

$189,900
1,979 sqft 0.17 AC lot

Three residential units combine duplex layouts with a separate ranch-style home and shared basement spaces.

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Duplex with Two-Car Garage
Duplex with Two-Car Garage

314 W H Street, Belleville, IL 62226

$144,000
2,610 sqft 0.20 AC lot

Duplex in Belleville with two units, each with a garage, and a 2022 rehab on both sides.

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Rehabilitated Duplex with Garage
Rehabilitated Duplex with Garage

314 W H St, Belleville, IL 62226

$144,000
2,610 sqft

Two-unit property with varied bedroom layouts and rehabilitation completed in 2022.

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8-Unit Updated Apartment Building
8-Unit Updated Apartment Building

961 Belle Valley Drive, Belleville, IL 62220

$594,000
6,896 sqft 0.44 AC lot

Eight two-bedroom residences offer consistent layouts, with select interior improvements across the property.

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Updated 6-Unit Apartment Building
Updated 6-Unit Apartment Building

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft 0.29 AC lot

Two-bedroom apartments with refreshed interiors, on-site parking, and individually serviced cooling systems.

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Two-Unit Duplex with Basement Storage
Two-Unit Duplex with Basement Storage

124 N Virginia Ave, Belleville, IL 62220

$160,000
1,120 sqft

Both residences include upper-level bedrooms and a main-floor half bath.

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Corner Duplex Property
Corner Duplex Property

O Fallon, IL 62269

$400,000
0.35 AC lot

B-1-zoned property with two two-bedroom units and frontage along Highway 50 and Brookside.

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Brick Duplex with Private Yard
Brick Duplex with Private Yard

619 E McKinley Street, Belleville, IL 62220

$129,900
2,344 sqft 0.20 AC lot

Brick duplex with central air, two bedrooms upstairs per unit, and a private backyard for outdoor space.

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Renovated Duplex Near Main Street
Renovated Duplex Near Main Street

29 N 14th St, Belleville, IL 62220

$159,000
1,122 sqft

Two-unit residential property with one recently updated apartment available for occupancy.

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Ranch-Style Brick Duplex
Ranch-Style Brick Duplex

170 Liberty Drive, Belleville, IL 62226

$184,900
2,216 sqft 0.23 AC lot

Ranch-style brick duplex with central air and forced-air heat, on public water, built in 1969.

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Duplex Property With Carports
Duplex Property With Carports

18 Kingsway Drive, Belleville, IL 62226

$169,900
2,100 sqft

Two-unit residential property with carport parking and tenant-paid utilities.

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Two-Unit Duplex with Carports
Two-Unit Duplex with Carports

18 Kingsway Drive, Belleville, IL 62226

$169,900
2,100 sqft 0.19 AC lot

Stone construction includes central air, forced-air heating, and public water service.

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Two-Unit Duplex with Carports
Two-Unit Duplex with Carports

112 Kingsway Drive, Belleville, IL 62226

$174,500
2,032 sqft

Each residence includes two bedrooms, one bathroom, and a dedicated covered parking space.

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Flexible-Layout Office Building
Flexible-Layout Office Building

503 S Illinois Street, Belleville, IL 62220

$150,000
0.15 AC lot

Brick-and-frame property with multiple rooms, a full bath, cellar storage, and Heavy Commercial zoning.

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Occupied Two-Unit Duplex
Occupied Two-Unit Duplex

809 White Oak Dr, O Fallon, IL 62269

$265,000
2,040 sqft

Each residence includes two bedrooms and one bathroom.

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Four-Unit Quadplex with Rear Deck
Four-Unit Quadplex with Rear Deck

217 S 16th Street, Belleville, IL 62220

$155,000
1,416 sqft 0.16 AC lot

All four apartments are occupied and include refrigerators, stoves, and access to off-street parking.

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Belleville, IL Multifamily Properties Market Trends and Statistics

Explore 61 multifamily properties for sale in Belleville, IL, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 84,760 square feet of properties for sale, with an estimated market value of $10,135,500.

Sale prices for multifamily properties in Belleville, IL start at $55,000, averaging $326,951, and reaching up to $1,520,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 22
Apartment buildings 12
Quadplexes 2
Triplexes 2
Mobile home & RV parks 1

Demographics Overview

Population 129K
Population Growth (5Y) +2.8%
Median Household Income $78,624
College Educated 43.7%

High-Yield Neighborhoods for Investment

Identify Belleville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62226 $166.3K
62220 $254.7K
62221 $313K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Clair County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Clair County

Retail

Property Size Breakdown

The majority of commercial real estate listings in Belleville fall within the 50,000 to 100,000 square foot range.

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