10 N 45th StreetBelleville, IL 62226

Description

This apartment community has been updated and well maintained and is ready for a new owner looking for an amazing opportunity to earn income on residential property!! This sale includes two buildings with 26 units (18 in one building and 8 in the second building), along with two adjacent vacant lots (Parcel #s for vacant lots: 08-18.0-211-008 and 08-18.0-211-038). Both buildings consist of 26 one bedroom/one bathroom units, 600 sq ft each. All units have window/wall AC units, baseboard heat, free standing stove/ovens, built in microwaves and washer/dryer hookups located in the kitchen. The monthly rent ranges between $600-700 a month and the yearly rent total for all occupied units was $166,279 in 2025. At this time, there are 23 units occupied. Tenants pay their electric and internet and the current owner pays water, sewer and trash. Conveniently located between major thoroughfares N. Belt West and West Main Street for ease of access to public transportation with several local shopping and dining options. The yearly taxes for each of the four parcel numbers and tax is as follows: 08-18.0-211-036 $20,248.88, 08-18.0-211-032 $10,054.82, 08-18.0-211-008 $458.48, 08-18.0-211-038 $56.04.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

Apartment Style

Year built

1979

Living area

15,600 Sq Ft

Lot size

0.54 acres

Ownership

Private

Days on market

1

MLS^® Listing#

26069302

Property Features

Appliances

Microwave · Free-Standing Electric Oven · Free-Standing Electric Range · Refrigerator

Cooling

Wall/Window Unit(s)

Heating

Baseboard · Electric

Flooring

Ceramic Tile · Simulated Wood

Parking

Alley Access · Gravel · No Garage · On Site · Parking Lot · Paved

Laundry

In Unit

Construction

Brick Veneer · Wood Siding

Utilities

Cable Available · Electricity Available · Sewer Connected · Water Connected

Water source

Public

Schools

Elementary

BELLEVILLE DIST 118

Middle

BELLEVILLE DIST 118

High

Belleville High School-West

Financial Details

HOA

None

Annual taxes

$20,249Tax year 2025

Parcel number

08-18.0-211-036

Directions

Route 13 east to North Belt West and the property is on the right (sits right in the wedge of N Belt West and West Main Street).