25 S 76th St Belleville, IL 62223
Estimated payment $4,132/month
Highlights
- No HOA
- Multiple cooling system units
- Carpet
About This Home
Presenting a prime investment opportunity in the heart of Belleville, Illinois—a 12-unit apartment building located in a quiet, residential neighborhood. Currently, approximately 83% of the units are rented, offering immediate income with room to increase cash flow through lease-up and potential rent adjustments.
The building includes a mix of spacious one-bedroom and two-bedroom units, each offering generous layouts, ample natural light, and separately metered gas and electric utilities. Tenants enjoy convenient off-street parking and secure entry access. There is also room for value-add improvements through cosmetic upgrades or rent increases.
Ideally located just minutes from downtown Belleville, the property offers easy access to public transportation, local schools, shopping, and dining. It’s also approximately 20 minutes from Scott Air Force Base, one of the region’s largest and most stable economic drivers—making this property attractive to military personnel and civilian contractors alike.
This turnkey property is ready to continue generating income from day one, with additional upside potential for future growth. Financials, rent roll, and property details are available upon request
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,799
Year Built
- Built in 1974
Lot Details
- 10,454 Sq Ft Lot
Home Design
- Brick Exterior Construction
Flooring
- Carpet
- Laminate
- Vinyl
Schools
- Belleville Dist 118 Elementary And Middle School
- Belleville High School-West
Utilities
- Multiple cooling system units
- Cooling System Mounted In Outer Wall Opening
Listing and Financial Details
- Assessor Parcel Number 07-01.0-305-011
Community Details
Overview
- No Home Owners Association
- 12 Units
Building Details
- 12 Leased Units
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 | $871 | $9,489 | $7,294 | $2,195 |
| 2023 | $896 | $9,302 | $7,150 | $2,152 |
| 2022 | $837 | $8,374 | $6,437 | $1,937 |
| 2021 | $810 | $7,742 | $5,951 | $1,791 |
| 2020 | $793 | $7,321 | $5,628 | $1,693 |
| 2019 | $743 | $6,732 | $5,919 | $813 |
| 2018 | $730 | $6,586 | $5,791 | $795 |
| 2017 | $730 | $6,539 | $5,750 | $789 |
| 2016 | $722 | $6,400 | $5,628 | $772 |
| 2014 | $574 | $5,907 | $4,685 | $1,222 |
| 2013 | $556 | $5,991 | $4,752 | $1,239 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | For Sale | $585,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $400,000 | Illinois Title & Escrow | |
| Warranty Deed | $312,500 | Illinois Title & Escrow | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | $10,000 | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $300,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $245,000 | Future Advance Clause Open End Mortgage |
Source: MARIS MLS
MLS Number: MIS25064686
APN: 07-01.0-305-012
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