400 University Dr Belleville, IL 62221
Estimated payment $1,775/month
Total Views
50,911
4
Beds
2
Baths
2,292
Sq Ft
$109
Price per Sq Ft
About This Home
Great 2-unit investment opportunity. Each unit is 2 bedroom 2 bathroom with a 1 car garage. Each tenant pays all utilities. Both units are currently rented. Both units have screened in patios. This property is in a great location, right across the street from SWIC and the Metrolink. Great building for any investor to add to their portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,874
Year Built
- Built in 1984
Home Design
- 2,292 Sq Ft Home
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Attached Garage
- Driveway
Schools
- Belle Valley Dist 119 Elementary And Middle School
- Belleville High School-East
Utilities
- Forced Air Heating System
Community Details
- Net Operating Income $14,094
Listing and Financial Details
- Assessor Parcel Number 08-24.0-411-005
Map
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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 |
|---|---|---|---|---|
| 2023 | $5,145 | $59,424 | $11,942 | $47,482 |
| 2022 | $4,899 | $54,120 | $10,876 | $43,244 |
| 2021 | $4,848 | $51,899 | $10,430 | $41,469 |
| 2020 | $4,757 | $52,534 | $9,713 | $42,821 |
| 2019 | $4,363 | $45,085 | $10,606 | $34,479 |
| 2018 | $4,216 | $43,934 | $10,335 | $33,599 |
| 2017 | $4,979 | $51,697 | $10,060 | $41,637 |
| 2016 | $4,977 | $49,915 | $9,713 | $40,202 |
| 2014 | $4,065 | $45,197 | $9,254 | $35,943 |
| 2013 | $4,521 | $45,197 | $9,254 | $35,943 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Price Changed | $250,000 | +11.1% | $109 / Sq Ft |
| 04/14/2023 04/14/23 | For Sale | $225,000 | -- | $98 / Sq Ft |
Source: MARIS MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Illinois Title & Escrow | |
| Warranty Deed | $105,000 | Community Title Shiloh Llc | |
| Deed In Lieu Of Foreclosure | -- | Community Title Shiloh Llc | |
| Warranty Deed | $155,000 | Benchmark Title Company | |
| Warranty Deed | $149,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,674,005 | Commercial | |
| Closed | $300,000 | Credit Line Revolving | |
| Closed | $1,733,707 | Commercial | |
| Previous Owner | $181,600 | Seller Take Back | |
| Previous Owner | $124,000 | Commercial | |
| Previous Owner | $151,980 | VA |
Source: Public Records
Similar Homes in Belleville, IL
Source: MARIS MLS
MLS Number: MIS23020574
APN: 08-24.0-411-005
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