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48 Eastland Dr 2 Unit Apartment Building Offered at $179,000 Belleville, IL 62221
Executive Summary
Fully occupied value-add duplex at 48/50 Eastland in Belleville, IL, offered at $179,000. The property features 2-bedroom/1-bath units, 2,344 SF total, attached garages for each unit, and was built in 1991. Current rents are $825 per unit/month with month-to-month tenants, generating $19,800 in annual gross income, while estimated market rents of approximately $1,200 per unit offer potential gross income of $28,800 annually. Conveniently located about 12 minutes from Scott Air Force Base, this property offers immediate income with strong upside potential for an investor.
Property Facts
| Price | $179,000 | Property Type | Multifamily |
| Price Per Unit | $89,500 | Building Size | 2,344 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1991 |
| Price | $179,000 |
| Price Per Unit | $89,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 2,344 SF |
| No. Stories | 1 |
| Year Built | 1991 |
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Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
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48 Eastland Dr