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11 HI Pointe Dr 4 Unit Apartment Building $125,000 ($31,250/Unit) Belleville, IL 62223
Executive Summary
Value-add multifamily investment opportunity at 11 Hi Point Dr, Belleville, IL 62223. Offered at $125,000, the property includes approximately 1,456 SF of above-grade living area plus a full 1,456 SF basement, masonry construction, seller-owned appliances, and additional paved areas. The property presents an affordable opportunity for an investor seeking rental income potential and long-term upside in the Belleville market. Buyer to independently verify unit count, occupancy, rents, zoning, square footage, and all property information.
Property Facts
| Price | $125,000 | Building Class | C |
| Price Per Unit | $31,250 | Lot Size | 0.45 AC |
| Sale Type | Investment | Building Size | 4,944 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1965 |
| Property Subtype | Apartment | Parking Ratio | 1.62/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2 | ||
| Price | $125,000 |
| Price Per Unit | $31,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 4,944 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.62/1,000 SF |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 02-36.0-407-008 | Improvements Assessment | $38,267 |
| Land Assessment | $5,537 | Total Assessment | $43,804 |
Property Taxes
Parcel Number
02-36.0-407-008
Land Assessment
$5,537
Improvements Assessment
$38,267
Total Assessment
$43,804
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11 HI Pointe Dr