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539 N 40th St
Belleville, IL 62226
Multi-Family Investment Property · Immeuble residentiel Propriété À vendre
·
17 Unités


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Located near North Belt West with strong retail and transit access
- Post-2000 construction with recent renovations in 2005
- Positioned in a revitalizing corridor with long-term growth potential
- Fully leased with consistent income and professional management
- Surrounded by schools, shopping, and public services
- Includes 28 on-site parking spaces for tenant convenience
RÉSUMÉ DE L'ANNONCE
17 Units in the heart of Belleville. (16) 1 Bed/1Bath Units – each 625 SF and (1) 2 Bed/1 Bath unit – 800 SF. Adjacent to main retail thoroughfare which has a strong employment base. Post 2000’s construction with exceptional management keeps these units in much better condition than the surrounding apartment inventory.
Located in the heart of Belleville, Illinois, 40th Street just off of North Belt West offers a highly accessible and well-established corridor ideal for both commercial and residential product. The area features a blend of single-family homes, multifamily properties, and convenient neighborhood services, creating a walkable, community-oriented environment.
With proximity to major thoroughfares, public transit (including MetroLink and MetroBus routes), and key amenities such as pharmacies (CVS and Walgreens), grocery stores (Schnuck’s and Save-a-Lot) , local farmer’s market, banking and local dining. North Belt West provides an ideal balance of suburban comfort and urban connectivity. The neighborhood is served by top-rated public schools in Belleville District 118 and Belleville West High School, adding to its appeal for families and long-term residents.
Ongoing city investment in infrastructure and community revitalization—particularly in nearby Ward 3—underscores the area’s growth potential and long-term value. Whether you’re investing, leasing, or looking to reposition assets, North Belt West represents a stable, high-demand location in the Metro East region.
Located in the heart of Belleville, Illinois, 40th Street just off of North Belt West offers a highly accessible and well-established corridor ideal for both commercial and residential product. The area features a blend of single-family homes, multifamily properties, and convenient neighborhood services, creating a walkable, community-oriented environment.
With proximity to major thoroughfares, public transit (including MetroLink and MetroBus routes), and key amenities such as pharmacies (CVS and Walgreens), grocery stores (Schnuck’s and Save-a-Lot) , local farmer’s market, banking and local dining. North Belt West provides an ideal balance of suburban comfort and urban connectivity. The neighborhood is served by top-rated public schools in Belleville District 118 and Belleville West High School, adding to its appeal for families and long-term residents.
Ongoing city investment in infrastructure and community revitalization—particularly in nearby Ward 3—underscores the area’s growth potential and long-term value. Whether you’re investing, leasing, or looking to reposition assets, North Belt West represents a stable, high-demand location in the Metro East region.
FAITS SUR LA PROPRIÉTÉ
| Prix par unité | 97 651 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,88 AC |
| Taux de capitalisation | 7,63% | Taille du bâtiment | 10 000 pi² |
| Nombre d’unités | 17 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction/rénovation | 2001/2005 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,65/1 000 pi² |
| Style d’appartement | De faible hauteur | ||
| Zonage | Multi-Family | ||
| Prix par unité | 97 651 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,63% |
| Nombre d’unités | 17 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,88 AC |
| Taille du bâtiment | 10 000 pi² |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 2001/2005 |
| Ratio de stationnement | 1,65/1 000 pi² |
| Zonage | Multi-Family |
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 16 | - | 625 |
| 2+1 | 1 | - | 800 |
Impôts fonciers
| Numéro de lot | 08-08.0-317-037 | Évaluation des bâtiments | 125 236 $ CAD |
| Évaluation du terrain | 11 954 $ CAD | Évaluation totale | 137 191 $ CAD |
Impôts fonciers
Numéro de lot
08-08.0-317-037
Évaluation du terrain
11 954 $ CAD
Évaluation des bâtiments
125 236 $ CAD
Évaluation totale
137 191 $ CAD
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