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3301 Vernier Avenue

Belleville, IL 62226
  • $70,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: 25005475
Open House
$70,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1946
County:

School Information

Elementary School:
Middle School:
School District:

Description

Price listed is Starting Bid Only. Bidding starts closing 2/19/2025 @ 5 p.m. Attention all real estate investors! Fully rented six-unit apartment building in Belleville, IL! The main level features two 1BR/1BA units each paying $500 each in monthly rent. The second and third floors each feature two 2BR/1BA units paying $550 each in monthly rent. The building has seven separate electric meters with all tenants paying their own electric bills. Owner pays all other utilities. Recent updates include a new roof and complete tuckpointing of the building in 2020; Hot water heater in 2020; New awnings and a deck in 2022. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only. Any showings after open house are by appointment only.

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-02-09T23:39:06.613.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/159976576
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3301 Vernier Avenue Belleville, IL 62226

  • Price: $70,000
  • Status: Active
  • On Site: 6 Days
  • ID#: 25005475
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1946
Built
Neighborhood:
Union Place
County:
St Clair
Elementary School:
Belleville Dist 118
Middle School:
Belleville Dist 118
High School:
Belleville High School-West
School District:
Belleville Dist 118
Property Description
Price listed is Starting Bid Only. Bidding starts closing 2/19/2025 @ 5 p.m. Attention all real estate investors! Fully rented six-unit apartment building in Belleville, IL! The main level features two 1BR/1BA units each paying $500 each in monthly rent. The second and third floors each feature two 2BR/1BA units paying $550 each in monthly rent. The building has seven separate electric meters with all tenants paying their own electric bills. Owner pays all other utilities. Recent updates include a new roof and complete tuckpointing of the building in 2020; Hot water heater in 2020; New awnings and a deck in 2022. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only. Any showings after open house are by appointment only.
Exterior Features

Attached Garage YN No Construction Materials Brick Lot Size Dimensions 50x147 Lot Size Source County Records Parking Features CarportOn StreetOther

Interior Features

Above Grade Finished Area Source Public Records Cooling Window Unit(s) Heat Source Steam Heating BaseboardHot Water Heating YN Yes Laundry Features Coin OperatedCommon Laundry

Property Features

Association Southwestern Illinois Board of REALTORS Builder Model Mid-Rise 3or4 Story Cable Available Yes Current Financing Cash OnlyConventional Disclosures Other DisclosuresSellers Discl. Avail Inclusions Building & Land Lease Term Month To Month Location City Net Operating Income 0 Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 5+ Property Sub Type Additional Other Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 7441 Tax Year 2023 Tenant Pays Electricity Transaction Type Auction Two Bed Units 4 Water Source Public

Listing provided courtesy of Adams Auction & Real Estate Se: 2348751. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-02-09T23:39:06.613.

Fusion Realty, LLC: 618.781.9170
 
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