202 Wabash AVE, Belleville, IL 62220
202 Wabash AVE, Belleville, IL 62220
202 Wabash AVE, Belleville, IL 62220
9
See all 9 photos
$140,000
Est. payment /mo
Save
1,426 SqFt
New

202 Wabash AVE Belleville, IL 62220

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Danielle Jordan

Danielle Jordan

+1(573) 308-5933

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,426 sqft

Price per Sqft $98

Subdivision Highland Add

MLS Listing ID 26044473

Style Bungalow

Year Built 1893

Annual Tax Amount $2,743

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 2-4 Units

Property Description

Don't miss this fully occupied duplex offering immediate rental income with $18,000 in current annual gross rental income and excellent upside potential. The property features two occupied units on month-to-month leases, providing flexibility for investors while maintaining consistent cash flow. The upper unit is currently rented for $850 per month, while the lower unit, with its own private entrance and separate exit, is rented for $650 per month. Both rents are below current market value, presenting an opportunity to increase future income. Market rents are estimated at approximately $1,000 per month for the upper unit and $850 per month for the lower unit. Recent improvements include replacement of the tub faucet plumbing fixture and repairs to the back and side sections of the roof, helping reduce immediate maintenance needs.
Tenants are responsible for gas and electric, while the owner pays water, sewer, trash, and seasonal lawn care. Current owner expenses include approximately $375–$400 per month for water, sewer, and trash. $110 per month for landscaping during the mowing season. With no vacancies, separate entrances for both units, below-market rents, and significant potential to increase cash flow, this duplex is an outstanding opportunity for investors looking to expand their portfolio with a property that offers both immediate income and future appreciation potential.

Location

State IL

County St. Clair

Rooms

Basement Bathroom, Full, Sleeping Area, Walk-Out Access

Interior

Heating Forced Air

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

Elementary Schools Belle Valley Dist 119

Middle Schools Belle Valley Dist 119

High Schools Belleville High School-East

School District Belle Valley Dist 119

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listing As Is

Listed by Viktoriia Kovel • Keller Williams Pinnacle

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Danielle Jordan

Danielle Jordan

Broker/Salesperson

+1(573) 308-5933

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Home Sweet MO Properties by Real Broker LLC, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

202 Wabash AVE

QUICK SEARCH