$142,500
SOLD MAR 4, 2025

50 Smalling Ct Belleville, IL 62223

4 Beds
2.5 Baths
1,882 Sq Ft
0.34 Acres

Recently Sold

$76 Per Sq Ft

3% Above List Price

11 Days on Market

Highlights

  • Brick Veneer
  • Cooling Available
  • Forced Air Heating System

About This Home

As of March 2025

This duplex in Belleville, IL offers a prime investment opportunity with both units currently rented. The full brick building is durable and easy to maintain, featuring two 2-bedroom, 1-bathroom units, each with a living room, kitchen, and full bathroom. Both units include a full, unfinished basement with laundry facilities for electric or gas dryer hookup. Unit 50 has an additional 1/2 bathroom and a fireplace in the basement, adding extra appeal. Recent updates include a hot water heater (2020) and a new roof (2020). The property backs to a peaceful wooded area and has a brand-new deck (2024) for outdoor enjoyment. Parking is available behind the building and on the street. The two drive-in garages require 5/8" drywall to meet city code for use as garages. There are one year leases on both units. With steady rental income and numerous updates, you don't want to miss out on this great investment! Buyer to verify all information.

Last Agent to Sell the Property

Connie Kappert

RE/MAX Signature Properties License #475139449 Listed on: 01/18/2025

RE/MAX Signature Properties

Last Buyer's Agent

Connie Kappert

RE/MAX Signature Properties License #475139449 Listed on: 01/18/2025

RE/MAX Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,772

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 130x115x130x113

Home Design

  • 1,882 Sq Ft Home
  • Brick Veneer

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Schools

  • Belleville Dist 118 Elementary And Middle School
  • Belleville High School-East

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Net Operating Income $9,746

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 07-01.0-206-109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,772

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Carson Road
  • Year Built: 1960
  • Directions: Route 161 to Carson Dr to Smalling Ct
  • Property Sub-Type: Multi-Family 2-4
  • Lot Size Acres: 0.34
  • Co List Office Phone: 7262123
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 1882
  • Age: 65
  • PropaneTank: None
  • Total Expenses: 7054.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Some Dishwasher(s), Some Disposal(s), Some Fireplace(s), Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Some Storm Window(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Brick Veneer

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Driveway: Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: BELLEVILLE DIST 118
  • Junior High Dist: Belleville DIST 118
  • High School: Belleville High School-East
  • Middle Or Junior School: BELLEVILLE DIST 118

Lot Info

  • Lot Dimensions: 130x115x130x113
  • Lot Size Sq Ft: 14810
  • Parcel Number: 07-01.0-206-109
  • Lot Number: 47

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4772
  • Prop Asses Cty Tx: 1

Multi Family

  • Net Operating Income: 9746
  • Type Of Units: 2-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2025
Closed on
Mar 4, 2025
Sold by
Holtrop Jeremy
Bought by
Jcbc Properties Llc
Seller's Agent
Connie Kappert
RE/MAX Signature Properties
Buyer's Agent
Connie Kappert
RE/MAX Signature Properties
List Price
$139,000
Sold Price
$142,500
Premium/Discount to List
$3,500
2.52%
Views
34
Current Estimated Value
$153,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,650
Avg. Annual Appreciation
14.19%
Original Mortgage
$101,500
Outstanding Balance
$100,990
Interest Rate
6.96%
Mortgage Type
Commercial
Estimated Equity
$59,587

Purchase Details

Closed on
Feb 27, 2004
Sold by
Meile John L and Meile Mary
Bought by
Holtrop Jeremy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $142,500 Town & Country Title
Warranty Deed $105,000 Benchmark Title Company Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,500 Commercial
Previous Owner $63,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $142,500 +2.5% $76 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
01/18/2025 01/18/25 For Sale $139,000 -2.5% $74 / Sq Ft
01/13/2025 01/13/25 Off Market $142,500 -- --
Source: MARIS MLS

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 $5,105 $60,763 $7,738 $53,025
2023 $4,772 $54,520 $6,943 $47,577
2022 $4,532 $49,473 $6,300 $43,173
2021 $4,366 $45,932 $5,849 $40,083
2020 $3,973 $40,412 $5,691 $34,721
2019 $3,961 $40,412 $5,691 $34,721
2018 $3,846 $38,616 $5,438 $33,178
2017 $3,759 $35,963 $5,064 $30,899
2016 $3,765 $37,434 $4,810 $32,624
2014 $3,415 $37,649 $4,838 $32,811
2013 $3,607 $40,168 $5,162 $35,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS25001845

MARIS MLS

APN: 07-01.0-206-109