Excellent Investment Opportunity in the Heart of Belleville! Add to your portfolio with this fully occupied income-producing property featuring a three-unit apartment building and a separate 2-bedroom, 1-bath single-family home. Currently generating $2,800 in monthly rental income at existing rental rates, this property offers immediate income and potential for long-term investment growth.
The three-unit building includes: Unit 1: 1 bedroom, 1 bath, rented for $550/month on a month-to-month basis. Features include a window AC unit, electric washer and dryer, wood-burning fireplace, gas furnace, and gas water heater, Unit 2: 3 bedrooms, 1 bath, rented for $950/month with a lease through September 2027. Features include three window AC units, electric washer and dryer, gas furnace, and gas water heater, and Unit 3: 1 bedroom, 1.5 baths, rented for $550/month on a month-to-month basis. Features include central air conditioning, electric washer and dryer, gas furnace, and gas water heater. The separate single-family home offers 2 bedrooms and 1 bath and is rented for $750/month with a lease through September 2027. Additional features include central air conditioning, electric washer and dryer hookups, an electric furnace, and an electric water heater.
The owner currently pays sewer and trash service for both buildings, while tenants are responsible for electricity, water, and gas through separately metered utilities. A future owner may wish to explore alternative arrangements for sewer since they are separately metered and trash expenses, subject to applicable requirements.
Located within the St. Clair County zoning jurisdiction and zoned SR-3 (Single Family), the property is currently utilized as multi-unit rental housing. Buyers should verify existing use, occupancy, and any proposed changes with the appropriate authorities.
Conveniently situated near public transportation, schools, and major Metro East roadways, this property presents an opportunity for investors seeking an established rental operation with multiple income streams.
Property is being sold AS-IS. Seller will make no repairs resulting from building, occupancy, or environmental inspections. Animals are present on the property. A minimum of 24 hours' notice is required for showings; 48 hours' notice is preferred.
Whether you're expanding an existing portfolio or entering the investment property market, this Belleville income-producing opportunity is worth a closer look!
Active
Listed by: RE/MAX All Star Advantage • Christine M Meng • 618-719-1603
$240,000
2911 S Belt W, Belleville, IL 62226
7beds
5baths
3,048sqft
Multi Family
Built in 1970
-- sqft lot
$236,900 Zestimate®
$79/sqft
$-- HOA
What's special
Wood-burning fireplaceCentral air conditioningGas water heaterElectric water heaterElectric washer and dryerWindow ac unitElectric furnace
- 12 days
- 535
- 20
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christine M Meng 618-719-1603,
RE/MAX All Star Advantage
Source: MARIS,MLS#: 26068356
Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Forced Air
Cooling
- Central Air, Varies by Unit, Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Features
- Flooring: Carpet, Other, Vinyl
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 3,048
- Total interior livable area: 3,048 sqft
- Finished area above ground: 3,048
Property
Parking
- Parking features: Common, Gravel, On Site, Outside, Parking Lot
Features
- Patio & porch: Deck, Front Porch
Lot
- Size: 1.31 Acres
- Features: Adjoins Open Ground, Adjoins Wooded Area
Details
- Parcel number: 0818.0404053
- Special conditions: Listing As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other
- Foundation: None
- Roof: Architectural Shingle
Condition
- Year built: 1970
Utilities & green energy
- Electric: Ameren
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: St Clair Township
HOA
- Has HOA: No
Location
- Region: Belleville
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $55,360
- Annual tax amount: $4,485
- Date on market: 10/25/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
$236,900
$225,000 - $249,000
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2026 | Listed for sale | $240,000+60%$79/sqft |
Source: | ||
| 3/14/2006 | Sold | $150,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,119 +13.1% | $55,360 +19.9% |
| 2023 | $3,641 +7.1% | $46,158 +9.8% |
| 2022 | $3,400 +1.2% | $42,038 +4.3% |
| 2021 | $3,361 +3.3% | $40,313 +4.1% |
| 2020 | $3,254 +43.7% | $38,707 +44.6% |
| 2019 | $2,264 +1.6% | $26,766 +2.6% |
| 2018 | $2,228 +2.1% | $26,083 +2.7% |
| 2017 | $2,182 | $25,389 +3.6% |
| 2016 | $2,182 -3.7% | $24,514 -9.9% |
| 2014 | $2,266 +12.3% | $27,219 |
| 2013 | $2,018 | $27,219 -2.1% |
| 2012 | -- | $27,789 -4.1% |
| 2011 | -- | $28,980 +6.2% |
| 2010 | -- | $27,287 -1.4% |
| 2009 | -- | $27,688 +19.5% |
| 2005 | $1,719 +6.6% | $23,170 +6.9% |
| 2004 | $1,612 | $21,675 +7.7% |
| 2003 | -- | $20,118 +5.6% |
| 2002 | -- | $19,059 +4.9% |
| 2001 | -- | $18,176 -11.8% |
| 2000 | -- | $20,612 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 62226
Nearby schools
Schools provided by the listing agent
- Elementary: Belleville Dist 118
- Middle: Belleville Dist 118
- High: Belleville High School-West
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





