400 University Drive

Belleville, IL 62221

$250,000
Price
Beds
2,292 Sq. Ft.
$109 / Sq. Ft.
2,292
Sq. Ft.
$109
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

Amenities

  • Air Conditioning
  • Attached Garage
  • Forced Air
  • Garage
  • Parking Included

Location

Listing Courtesy of Nester Realty
Add your commute
LISTING UPDATED: 04/01/2024 12:56 PM

Property Details for 400 University Drive

StatusActive
MLS #23020574
Days on Market381
Taxes$4,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1984
Lot Size-
CountySt. Clair County

Location

Listing Courtesy of Nester Realty
Add your commute

Building Information for 400 University Drive

Stories-Residences-Year Built1984Building Size-Lot Size-

Payment Calculator

$1,771 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,364

Property Taxes

$406

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 400 University Drive

Summary
Location and General Information
  • City: Belleville
  • County Or Parish: St Clair-IL
  • 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
  • Parking Features: Attached Garage - 1-2 Car
  • Driveway: Concrete
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
  • Lot Size Dimensions: irregular
  • Lot Size Source: County Records
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 2292.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 0
  • Building Desc: Duplex
  • Photos Count: 9
  • Videos Count: 0
  • Year Built: 1984
  • Disclosures: Unknown,City
  • Age: 39
  • Construction Materials: Brick
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Some Dishwasher(s), Some Disposal(s), Some Fireplace(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s)
  • Heat Source: Gas
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 2-Family
Income & Expenses
  • Miscellaneous: Patio
  • Net Operating Income: $14,094.00
  • Operating Expense Includes: Insurance,Taxes,Maintenance
  • Total Expenses: 6786.00
Unit 1
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Unit 2
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Rental
Rent Information
  • Lease Term: Leases
  • Tenant Pays: All Utilities

Property History for 400 University Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Rating
School
Distance
Belle Valley Elementary School-North
PublicPK to 8

Freeburg Community High School
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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400 University Drive is a multi-family home for sale in Belleville, IL 62221. This property was listed for sale on April 14, 2023 by Nester Realty, it's currently listed at $250,000. This listing's school districts are Belle Valley School District 119, Freeburg Chsd 77 School District. Nearby schools include Belle Valley Elementary School-North and Freeburg Community High School. 400 University Drive is a 0-bed, 0-bath, 2,292 sqft multi-family home built in 1984.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nester Realty

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.