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Property summary
This exceptional 8-unit apartment building presents a compelling investment opportunity in Belleville, Illinois. Boasting a strong 9.80% cap rate and a current NOI of $48,999, this property offers immediate cash flow potential. The building, constructed in 1960 and extensively renovated in 2023, comprises 5,328 square feet across two stories, situated on a 2,664 square foot lot. All eight units, each a one-bedroom, one-bathroom apartment, are currently 100% occupied. Recent upgrades include… a new sewer lateral, security cameras and floodlights, five new air conditioning units, new appliances, and new water heaters. The property is zoned B-1 Multifamily and includes eight parking spaces. Its prime location on West Main Street offers convenient access to banks, restaurants, gas stations, and the Metro Link, with easy proximity to Interstates 64 and 255, and just a 10-minute drive from Downtown St. Louis. The asking price is $500,000, representing a price per unit of $62,500 and a price per square foot of $93.84. This meticulously maintained property is ready for immediate ownership and offers a secure and profitable investment. The property's APN is 02350213010 & 02350213009. This is a turnkey opportunity not to be missed.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
10 properties in this cityComparable in this city
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,328 SF
- Year built
- 1960
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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