Great investment property in Belleville. 9 units 1 two bedroom and 8 one bedroom units. All units are occupied. 6 units have had updates in 2023/24 including kitchen cabinets, counter tops and flooring. Total monthly rents are $6,765 ranging from 645-875. There is a common area used as a laundry room. All units have central air. Owner pays sewer, trash and common area electric.
Closed
Listing Provided by: Johnston Realty, Inc.
Bought with: Mustard Seed Realty
$400,000
547 N 40th St, Belleville, IL 62226
3beds
2baths
6,084sqft
Multi Family
Built in 1975
-- sqft lot
$412,700 Zestimate®
$66/sqft
$986 Estimated rent
Home value
$412,700
$371,000 - $458,000
$986/mo
Zestimate® history
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$2,797/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Gary H Johnston 618-779-4124,
Johnston Realty, Inc.
Bought with:
Tristan Reising, 471.021788
Mustard Seed Realty
Source: MARIS,MLS#: 24009896
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Common Area
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,084
- Total interior livable area: 6,084 sqft
- Finished area above ground: 6,084
Property
Parking
- Parking features: Open, Parking Lot
- Has uncovered spaces: Yes
Lot
- Size: 8,276 sqft
Details
- Parcel number: 0808.0317028
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Low/1-2
- Property subtype: Multi Family
Materials
- Brick Veneer
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Belleville
- Subdivision: Royal Heights
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private
Price history
| Date | Event | Price |
|---|---|---|
| 3/28/2024 | Sold | $400,000+52.7%$66/sqft |
Source:  MARIS #24009896 Report a problem | ||
| 10/27/2023 | Sold | $262,000$43/sqft |
Source: MARIS #23062290 Report a problem | ||
| 8/8/2015 | Listing removed | $475 |
Source: AH Realty Advisors, LLC Report a problem | ||
| 7/9/2015 | Listed for rent | $475 |
Source: AH Realty Advisors, LLC Report a problem | ||
| 8/13/2014 | Listing removed | $475 |
Source: AH Realty Advisors, LLC Report a problem | ||
| 2/10/2014 | Price change | $475-5% |
Source: AH Realty Advisors, LLC Report a problem | ||
| 8/1/2013 | Listed for rent | $500 |
Source: AH Realty Advisors, LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,452 -4.4% | $84,748 +2% |
| 2023 | $7,797 +8.9% | $83,070 +11.1% |
| 2022 | $7,158 +3.8% | $74,784 +8.2% |
| 2021 | $6,893 +2.9% | $69,136 +4.4% |
| 2020 | $6,700 +19.7% | $66,210 +22.5% |
| 2019 | $5,599 +2.3% | $54,041 +2.2% |
| 2018 | $5,474 -0.5% | $52,872 +0.7% |
| 2017 | $5,500 | $52,500 -14.8% |
| 2016 | $5,500 +17.4% | $61,647 +25.8% |
| 2014 | $4,686 -18.4% | $49,020 -1.4% |
| 2013 | $5,740 | $49,721 -24.5% |
| 2012 | -- | $65,859 -2.8% |
| 2011 | -- | $67,756 -1.8% |
| 2010 | -- | $68,991 -12% |
| 2009 | -- | $78,387 +2.3% |
| 2008 | -- | $76,632 -7.7% |
| 2006 | -- | $83,041 +7% |
| 2005 | $6,287 +7.6% | $77,601 +7.2% |
| 2004 | $5,843 | $72,375 +6.4% |
| 2003 | -- | $67,990 +6.3% |
| 2002 | -- | $63,978 +4.8% |
| 2001 | -- | $61,065 +3% |
| 2000 | -- | $59,298 |
Find assessor info on the county website
Neighborhood: 62226
Nearby schools
GreatSchools rating
- 6/10Abraham Lincoln Elementary SchoolGrades: K-6Distance: 0.2 mi
- 6/10West Jr High SchoolGrades: 7-8Distance: 0.3 mi
- 5/10Belleville High School-WestGrades: 9-12Distance: 2.2 mi
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.
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Estimated market value
$412,700
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$412,700
- Illinois
- Saint Clair County
- Belleville
- 62226
- 547 N 40th St
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