400 University Dr

2
Baths
2,292 Sq. Ft.
$84 / Sq. Ft.
2,292
Sq. Ft.
$84
per Sq. Ft.

Description

Great 2-unit investment opportunity. Each unit is 2 bedroom 2 bathroom with a 1 car garage. Each tenant pays all utilities. Both units are currently rented. Both units have screened in patios. This property is in a great location, right across the street from SWIC and the Metrolink. Great building for any investor to add to their portfolio!Great 2-unit investment opportunity. Each unit is 2 bedroom 2 bathroom with a 1 car garage. Each tenant pays all utilities. Both units are currently rented. Both units have screened in patios. This property is in a great location, right across the street from SWIC and the Metrolink. Great building for any investor to add to their portfolio!
  1. Listed by Jan Fiss • Nester Realty

Property Details for 400 University Drive

Waterfront
No
LISTING UPDATED: 12/29/2025 02:34 PM

Property Details for 400 University Drive

StatusClosed
MLS #23020574
Days on Market990
Taxes$4,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2-4 Units
Year Built1984
Lot Size-
CountySt. Clair County

Location

Listing Courtesy of Nester Realty

Sold By Nester Realty

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Building Information for 400 University Drive

Stories-Residences2Year Built1984Building Size-Lot Size-

Payment Calculator

$1,341 per month

30 year fixed, 6.15% Interest

Principal and Interest

$935

Property Taxes

$406

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 400 University Drive

Summary
Location and General Information
  • City: Belleville
  • County Or Parish: St. Clair
  • Latitude: 38.516153
  • Longitude: -89.929248
  • Postal Code: 62226
  • State Or Province: IL
  • Sub division Name: WEATHERSTONE 3RD ADDITION LOT/SEC-3
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 08-24.0-411-005
  • Tax Annual Amount: $4,874.00
  • Tax Year: 2021
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Attached, Garage
  • Parking Total: 0.0
School Information
  • Elementary School: BELLE VALLEY DIST 119
  • High School: Belleville High School-East
  • High School District: Belle Valley DIST 119
  • Middle Or Junior School: BELLE VALLEY DIST 119
Property
Lot Information
  • Living Area: 2292.0
  • Lot Size Dimensions: irregular
  • Lot Size Source: Public Records
  • Property Sub Type: 2-4 Units
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 2292.0
  • Above Grade Finished Area Source: Assessor
  • Documents Count: 0
  • Photos Count: 9
  • Year Built: 1984
  • Disclosures: Unknown,Other
  • Construction Materials: Brick
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Concrete
Interior Features
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 0
  • Cooling: Central Air, Electric
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Net Operating Income: $14,094.00
  • Operating Expense Includes: Insurance,Taxes,Maintenance Structure
Unit 1
  • UnitType Beds Total: 2.0
Unit 2
  • UnitType Beds Total: 2.0
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 400 University Drive

DateEvent & SourcePriceAppreciation
Dec 29, 2025

Closed

MARIS #23020574

$191,836
Dec 28, 2025

Pending

MARIS #23020574

Apr 28, 2025

Price Change

MARIS #23020574

$250,000
Apr 14, 2023

Listed (Active)

MARIS #23020574

$225,000
DateEvent & SourcePrice
12/29/2025

Closed

MARIS #23020574

$191,836
12/28/2025

Pending

MARIS #23020574

04/28/2025

Price Change

MARIS #23020574

$250,000
04/14/2023

Listed (Active)

MARIS #23020574

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 400 University Drive

This home is within Belle Valley School District 119.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Belle Valley Elementary School-North
PublicPK to 8

Belleville High School-East
Public9 to 12

Belleville High School-West
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nester Realty

Based on information submitted to the MLS GRID as of 12/29/2025 02:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.