You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Multifamily properties

46 Sherwood Frst Belleville, IL 62223

0.59 ac lot Built 1965
Property ID
US28-1591805
Property summary
AI-generated overview

This exceptional multi-family investment opportunity encompasses nine units spread across two buildings situated on two separate parcels at 46 and 47 Sherwood Forest, Belleville, IL. The property sits on a combined 0.59 acres of land and is ideally located within the desirable Signal Hill school district, offering convenient access to public transportation. Each of the nine units boasts two bedrooms and one bathroom, providing comfortable living spaces for tenants. A key advantage is that each unit features its own washer/dryer hookups and dedicated storage areas, enhancing tenant appeal and convenience. Currently, all nine units are occupied, generating consistent rental income. Furthermore, each tenant is responsible for their own utilities, minimizing the owner's operational expenses. This turnkey investment presents a compelling opportunity for portfolio diversification and strong returns. The property's central location and the inherent demand for rental units in the area contribute to its long-term value and potential for appreciation. This is a rare chance to acquire a well-maintained, income-producing multi-family property in a highly sought-after location. The combined parcels offer a significant investment opportunity for discerning buyers seeking a stable and profitable addition to their real estate holdings. The property's current occupancy and the individual unit amenities make it an attractive option for tenants, ensuring consistent rental income for the owner.

Property profile
Verified
Property type Multifamily properties
Year built 1965
Lot 0.59 ac (25,700 SF)
UPID US28-1591805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Peggy's Pampering Services Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 46 Sherwood Frst?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message