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  • Listed by: Adams Auction & Real Estate Services Inc. • Adam F Jokisch • Contact: 618-530-8751
    Bought with: Adams Auction & Real Estate Services Inc.
    $572,000

    46 Sherwood Frst, Belleville, IL 62223

    --beds
    --baths
    4,128sqft
    Multi Family, Apartment
    Built in 1965
    -- sqft lot
    $459,500 Zestimate®
    $139/sqft
    $992 Estimated rent

    Home value

    $459,500

    $368,000 - $561,000

    $992/mo

    Zestimate® history
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    What's special

    Price listed is Starting Bid Only. Bidding starts closing 07/23/25 @5:30pm Here is your chance to own a dependable, income-producing asset in the heart of Belleville! This package includes two fully leased apartment buildings, offering a total of nine 2-bedroom, 1-bath units, each with its own kitchen, washer/dryer hook-ups, and extra storage space. The tenants pay for their own utilities, as each unit has its own meter, keeping operational costs transparent. Zoned A-1, Single Family within the City of Belleville. Any alternate use would require city approval. Conveniently located close to public transit, schools, and major Metro East roadways, this property offers strong rental appeal and accessibility. Two parcels—one smart investment. Whether you are adding to your portfolio or diving into multifamily real estate, this property checks the right boxes. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only. Any showings after open house are by appointment only.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adam F Jokisch 618-530-8751,

    Adams Auction & Real Estate Services Inc.

    Bought with:

    Adam F Jokisch, 440-000169

    Adams Auction & Real Estate Services Inc.

    Source: MARIS,MLS#: 25045154MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Laundry: In Unit
    Features
    • See Remarks
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 4,128
    • Total interior livable area: 4,128 sqft
    • Finished area above ground: 4,128
    • Finished area below ground: 0

    Property

    Features
    • Levels: Two
    Lot
    • Size: 0.59 Acres
    Details
    • Parcel number: 0701.0113015
    • Special conditions: Auction,Listing As Is

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Apartment Style
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick
    • Roof: Architectural Shingle
    Condition
    • Year built: 1965

    Utilities & green energy

    • Electric: Other
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Sherwood Forest
    HOA
    • Has HOA: No
    Location
    • Region: Belleville

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $57,589
    • Annual tax amount: $11,090
    • Date on market: 6/30/2025
    • Cumulative days on market: 20 days
    • Listing terms: Cash,Conventional
    • Ownership: Private

    Price history

    DateEventPrice
    8/21/2025Sold$572,000-11.3%$139/sqft
    Source: MARIS #25045154 Report a problem
    6/6/2025Listed for sale$645,000+191.9%$156/sqft
    Source: MARIS #23020265 Report a problem
    5/24/2018Sold$221,000$54/sqft
    Source: Public Record Report a problem
    6/27/2014Listing removed$550
    Source: STRANO & ASSOCIATES Property Management Division #4302369 Report a problem
    3/1/2014Listed for rent$550
    Source: STRANO & ASSOCIATES Property Management Division #4302369 Report a problem
    7/31/2013Listing removed$550
    Source: STRANO & ASSOCIATES Property Management Division #4203418 Report a problem
    6/6/2013Listed for rent$550
    Source: STRANO PROPERTY MANAGEMENT #4203418 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,624 +8.4%$57,589 +11.9%
    2023$5,190 +9.4%$51,470 +11.1%
    2022$4,744 +4.2%$46,336 +8.2%
    2021$4,553 +4.3%$42,836 +5.7%
    2020$4,365 +5%$40,508 +7.3%
    2019$4,158 +2.5%$37,741 +2.2%
    2018$4,058 -1.1%$36,925 +0.7%
    2017$4,102 $36,666 -40.7%
    2016$4,102 $61,867 -0.4%
    2014-- $62,131 -1.4%
    2013$6,802 $63,019 -3.4%
    2012-- $65,224 -2.8%
    2011-- $67,103 -1.8%
    2010-- $68,326 -13%
    2009-- $78,572 +2.3%
    2008-- $76,813 +10.8%
    2006-- $69,338 +7%
    2005$6,204 +6.1%$64,796 +7.2%
    2004$5,847 $60,433 +6.4%
    2003-- $56,772 +6.3%
    2002-- $53,422 +4.8%
    2001-- $50,990 +3%
    2000-- $49,514
    Find assessor info on the county website

    Neighborhood: 62223

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Signal Hill Dist 181
    • Middle: Signal Hill Dist 181
    • 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.

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    Estimated market value
    $459,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $459,500