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202 Wabash Avenue, Belleville, IL 62220

Belleville
Local realty services provided by:CENTURY 21 Premiere Realty
202 Wabash Avenue,Belleville, IL 62220
$140,000
  • - Beds
  • - Baths
  • 1,426 sq. ft.
  • Multi-family
  • Coming Soon
Listed by: viktoriia kovel
Office: keller williams pinnacle
MLS#:26044473
Source:MO_MARIS

Price summary

  • Price:$140,000
  • Price per sq. ft.:$98.18

About this home

Don't miss this fully occupied duplex offering immediate rental income with $18,000 in current annual gross rental income and excellent upside potential. The property features two occupied units on month-to-month leases, providing flexibility for investors while maintaining consistent cash flow. The upper unit is currently rented for $850 per month, while the lower unit, with its own private entrance and separate exit, is rented for $650 per month. Both rents are below current market value, presenting an opportunity to increase future income. Market rents are estimated at approximately $1,000 per month for the upper unit and $850 per month for the lower unit. Recent improvements include replacement of the tub faucet plumbing fixture and repairs to the back and side sections of the roof, helping reduce immediate maintenance needs. Tenants are responsible for gas and electric, while the owner pays water, sewer, trash, and seasonal lawn care. Current owner expenses include approximately...

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Home facts

  • Year built:1893
  • Subdivision & Development:Highland Add
  • Listing ID #:26044473
  • Updated:October 21, 2026 at 03:49 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full, Sleeping Area, Walk-Out Access
  • Living area:1,426 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Year built:1893
  • Building area:1,426 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:Brick

Schools

  • High school:Belleville High School-East
  • Middle school:BELLE VALLEY DIST 119
  • Elementary school:BELLE VALLEY DIST 119

Utilities

  • Water:Public

Finances and disclosures

  • Price:$140,000
  • Price per sq. ft.:$98.18
  • Tax amount:$2,743 (2024)
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