111 Kansas Ave Belleville, IL 62221
Estimated payment $1,206/month
Highlights
- Ranch Style House
- Covered Patio or Porch
- Eat-In Kitchen
- No HOA
- Formal Dining Room
- Laundry Room
About This Home
High-Yield Investment Package – Brick Duplex | Strong Cash Flow Rare turnkey income opportunity featuring an all-brick duplex offered as a portfolio package. All units are currently occupied, providing immediate stabilized income with no lease-up risk. The brick duplex delivers durable construction and low maintenance, with each unit offering a living room, dining room, kitchen with appliances, bedroom, bathroom, and full basement with laundry. Tenants enjoy a fenced yard, detached two-car garage, and on-street parking, enhancing retention and rental demand. Located in a nice, established neighborhood with consistent tenant appeal. Investment Highlights: Fully occupied – immediate cash flow from day one All interested parties must be pre-approved to view properties. Brick construction and basements = long-term durability and upside Portfolio sale – ideal for buy-and-hold investors This is a high-performing small multifamily with proven income and upside potential through rent increases and minimal expenses.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,059
Year Built
- Built in 1946
Lot Details
- 9,148 Sq Ft Lot
- Wood Fence
- Back Yard Fenced
Home Design
- Duplex
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
Interior Spaces
- 1,654 Sq Ft Home
- Ceiling Fan
- Formal Dining Room
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 224 Bedrooms
- 224 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Walk-Up Access
- Interior Basement Entry
- Laundry in Basement
- Basement Storage
Parking
- Garage
- Parking Storage or Cabinetry
- On-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Belleville Dist 118 Elementary And Middle School
- Belleville High School-East
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 08-22.0-230-050
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Other Expense $5,129
- Net Operating Income $17,011
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,059 | $46,159 | $6,118 | $40,041 |
| 2023 | $3,866 | $41,186 | $5,997 | $35,189 |
| 2022 | $3,549 | $37,078 | $5,399 | $31,679 |
| 2021 | $3,418 | $34,277 | $4,991 | $29,286 |
| 2020 | $3,322 | $32,414 | $4,720 | $27,694 |
| 2019 | $2,903 | $28,018 | $4,728 | $23,290 |
| 2018 | $2,217 | $27,412 | $4,626 | $22,786 |
| 2017 | $1,996 | $27,218 | $4,593 | $22,625 |
| 2016 | $1,963 | $26,639 | $4,495 | $22,144 |
| 2014 | $2,143 | $31,174 | $4,570 | $26,604 |
| 2013 | $2,353 | $31,619 | $4,635 | $26,984 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $165,000 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $65,000 | First American Title | |
| Quit Claim Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | Illinois Title & Escrow | |
| Warranty Deed | $74,000 | Town & Country Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $103,000 | Commercial | |
| Previous Owner | $74,680 | New Conventional | |
| Previous Owner | $71,100 | FHA |
Source: MARIS MLS
MLS Number: MIS26008276
APN: 08-22.0-230-050
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.