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    Belleville, IL Multifamily Properties for Sale

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    Swansea, IL Freeburg, IL Smithton, IL
    16 results
    Turn-Key Commercial Investment Property
    $444,000
    8,708 SF
    Turn-Key Commercial Investment Property

    1926 W Main Street, Belleville, IL 62226

    Commercial property in downtown Belleville with income and development potential.
    • Turn‑key commercial investment property in a high‑traffic downtown location.
    • In‑place monthly lease income from existing restaurant and apartment tenants.
    • 1,800 sq ft of unfinished 1st floor space framed out with partial HVAC, electric, and plumbing, ready for additional business.
    • Solid brick building with recent updates including a new A/C unit and white reflective fiber and shingle roof(s).
    • On‑site paved, lighted parking lot with 8 spaces.
    Updated: May 19
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    Belleville Duplex: Investment Opportunity
    $129,900
    2,344 SF
    Belleville Duplex: Investment Opportunity

    619 E McKinley Street, Belleville, IL 62220

    Duplex with one rented unit and one updated vacant unit.
    • One unit (#617) is rented for $1150/month through 03/2027, providing immediate income.
    • Unit #619 is vacant and freshly updated with new flooring, paint, kitchen, and bath.
    • Opportunity to live in one unit and rent the other, offsetting mortgage costs.
    • Potential for increased cash flow by renting out both units.
    • Each unit features a living room, eat‑in kitchen, full bath, dining room/bonus room, plus two bedrooms.
    Updated: May 26
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    Turnkey Duplex with Income Potential
    $175,000
    2,140 SF
    Turnkey Duplex with Income Potential

    Well-maintained duplex with strong cash flow and prime visibility.

    717 Royal Heights Road, Belleville, IL 62226

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    Turnkey Triplex in Belleville, IL
    $215,000
    1,865 SF
    Turnkey Triplex in Belleville, IL

    Three-unit property with garage, ideal for generating income.

    506 N 17th Street, Belleville, IL 62226

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    Belleville Multifamily Building with Apartments
    $600,000
    8,736 SF
    Belleville Multifamily Building with Apartments

    Well-maintained 8-unit apartment building in Belleville, Illinois.

    8612 W Main Street, Belleville, IL 62223

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    Mixed-Use Building Near Downtown Belleville
    $240,000
    2,926 SF
    Mixed-Use Building Near Downtown Belleville

    Two-story mixed-use property with commercial space and updated apartment.

    719 Centreville Avenue, Belleville, IL 62220

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    Belleville Multifamily Property For Sale
    $80,000
    1,672 SF
    Belleville Multifamily Property For Sale

    Multifamily property in Belleville, Illinois, featuring 1672 square feet.

    1214 Lebanon Avenue, Belleville, IL 62221

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    Belleville Triplex with Tenant Occupancy
    $139,900
    2,584 SF
    Belleville Triplex with Tenant Occupancy

    Three-unit building with long-term tenants and ample parking.

    23 N 11th Street, Belleville, IL 62220

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    O'Fallon Multifamily Investment Opportunity
    $1,520,000
    O'Fallon Multifamily Investment Opportunity

    Fully leased, 17-unit condominium portfolio in O'Fallon, Illinois.

    O Fallon, IL 62269

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    Belleville Duplex: Investment Opportunity
    $120,000
    1,802 SF
    Belleville Duplex: Investment Opportunity

    Duplex with income potential, one unit occupied, great investment.

    315 N 4th St, Belleville, IL 62220

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    Updated Duplex on Corner Lot
    $99,900
    1,441 SF
    Updated Duplex on Corner Lot

    Updated duplex with refreshed kitchens and baths on a corner lot, offered as-is for buyers seeking rental or owner-occupant flexibility.

    1301 N Charles Street, Belleville, IL 62221

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    Belleville Investment Property For Sale
    $459,000
    5,340 SF
    Belleville Investment Property For Sale

    Turn-key investment property in downtown Belleville with income potential.

    1926 W Main St, Belleville, IL

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    Historic Mixed-Use Building For Sale
    $899,000
    7,019 SF
    Historic Mixed-Use Building For Sale

    Updated mixed-use building near courthouse with retail and residential spaces.

    200 W Main St, Belleville, IL

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    Mixed-Use Investment Property For Sale
    $325,000
    7,888 SF
    Mixed-Use Investment Property For Sale

    Mixed-use investment property in downtown Belleville with residential and commercial spaces.

    100 Mascoutah Ave, Belleville, IL

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    Belleville Redevelopment Opportunity
    $75,000
    40,896 SF
    Belleville Redevelopment Opportunity

    Versatile property in Belleville, IL, ideal for redevelopment.

    29 N 64th St, Belleville, IL 62223

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    Stabilized Condo Portfolio in O’Fallon
    $1,596,555
    Stabilized Condo Portfolio in O’Fallon

    17-unit portfolio in O’Fallon, Illinois, with $233K gross income.

    O Fallon, IL 62269

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    Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 16 Active listings in Belleville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Victorian Multifamily Property in Millstadt
    $385,000
    1,896 SF
    Victorian Multifamily Property in Millstadt

    Income-producing Victorian with four apartments near Millstadt's shops and restaurants.

    23 W Laurel Street, Millstadt, IL 62260

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    Millstadt Mixed-Use Investment Opportunity
    $550,000
    16,553 SF
    Millstadt Mixed-Use Investment Opportunity

    Turnkey restaurant and multi-unit income property on a high-visibility corner.

    105 S Jefferson Street, Millstadt, IL 62260

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    Multi-Unit Investment Opportunity in Illinois
    $300,000
    0.62 Acres
    Multi-Unit Investment Opportunity in Illinois

    Two buildings with 17 units, ideal for investors.

    6500 Saint Clair Avenue, East St Louis, IL 62203

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    East St Louis Income Property
    $38,000
    1,260 SF
    East St Louis Income Property

    Fully occupied two-family property, generating returns from day one.

    544 N 29th Street, East St Louis, IL 62205

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Unrestricted Land Near Route 67
    $70,000
    2.10 Acres
    Unrestricted Land Near Route 67

    2.1 acres with boundless possibilities near Jerseyville and Godfrey.

    17039 Hillside Lane, Jerseyville, IL 62052

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    Residential Lot in Park Hills
    Contact for pricing
    0.26 Acres
    Residential Lot in Park Hills

    Corner lot suitable for building or mobile home placement.

    226 N Large Street, Park Hills, MO 63601

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    Recreational Land Near Lake Perry
    $90,000
    22,215 SF
    Recreational Land Near Lake Perry

    Half-acre recreational lot with utilities near Lake Perry amenities.

    1003 Port Perry Drive, Perryville, MO 63775

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    Ozark Land with Creek Frontage
    $34,995
    1.65 Acres
    Ozark Land with Creek Frontage

    1.65+/- acre property with Twelve Mile Creek frontage.

    0 Madsion CR 410 (116), Fredericktown, MO 63645

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    Off-Market Properties in Belleville, IL

    Consider similar Off-Market properties in Belleville, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    335 Maple St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 23.66 Acres
    Value Estimation by Request

    335 Maple St, O Fallon, IL 62269-3610

    View details
    2700 Belt W
    MOBILE HOME PARK, TRAILER PARK
    Lot: 19.49 Acres
    Value Estimation by Request

    2700 Belt W, Belleville, IL 62226-6776

    View details
    1263 Central Park Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 13.34 Acres
    Value Estimation by Request

    1263 Central Park Dr, O Fallon, IL 62269

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    2895 Mulligan Ln
    MOBILE HOME PARK, TRAILER PARK
    1,710 SF Lot: 8.39 Acres
    Value Estimation by Request

    2895 Mulligan Ln, Belleville, IL 62220-5011

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    650 Hartman Ln
    MOBILE HOME PARK, TRAILER PARK
    Lot: 15.00 Acres

    650 Hartman Ln, O Fallon, IL 62269-1700

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    1226 Thouvenot Ln
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.71 Acres
    Value Estimation by Request

    1226 Thouvenot Ln, O Fallon, IL 62269

    View details
    3007 Centreville Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 7.30 Acres
    Value Estimation by Request

    3007 Centreville Ave, Belleville, IL 62226

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    505 Cleveland Ave
    Multifamily properties
    4,722 SF Lot: 0.55 Acres
    Value Estimation by Request

    505 Cleveland Ave, Belleville, IL 62221

    View details

    Belleville, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 36 multifamily properties for sale in Belleville, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 103,977 square feet of properties for sale, with an estimated market value of $6,233,800.

    Sale prices for multifamily properties in Belleville, IL start at $75,000, averaging $389,612, and reaching up to $1,892,000 — 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

    Apartment buildings 8
    Duplexes 4
    Triplexes 2
    Quadplexes 1
    Short term rental properties 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    62221 $102.5K
    62220 $157.5K
    62226 $287.3K
    62223 $337.5K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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