
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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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Information
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.

Fusion Realty, LLC: 618.781.9170