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217 S 16th Street, Belleville, IL, 62220

Excellent opportunity to add a solid income-producing property to your investment portfolio! This four-unit multifamily building features four 1-bedroom, 1-bath apartments, with all 4 units units currently occupied, providing immediate rental income. Recent updates include newer carpet in some units, and durable wood-look flooring in others. Each apartment is equipped with a refrigerator and stove. Tenants will appreciate the spacious rear deck and ample off-street parking located behind the building. Conveniently situated near shopping, dining, public transportation, and downtown Belleville, this property offers strong rental appeal. Property is being sold AS IS. Seller will make no repairs or complete occupancy inspections or municipal occupancy requirements. Don't miss this opportunity to own a well-maintained investment property with immediate income potential!

Subdivision: Brandenburgers 5th Sub

List Price

$ 155,000

Status

Active Under Contract

Days on market

0

MLS#

26041520

Bedrooms

0

Full baths

0

Sq. Ft. Above

1,416

Subdivision

Brandenburgers 5th Sub

School District

Belleville DIST 118

County

St Clair-IL

Property Type

Residential Income

Style

Other

Type

Residential Income

Additional Information

Property Tax (2024)

$3,860

Recent Nearby Sales in 62220

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
904 Terrace Drive, Belleville, IL 62220 3/2 1,200 $140,000 $132,500
94.6% of ask
Sep 2, 2026
1308 Veile Drive, Belleville, IL 62220 3/2 1,400 $100,000 $103,000
103% of ask
Aug 28, 2026
26 Fahey Place, Belleville, IL 62220 4/2 824 $219,900 $217,000
98.7% of ask
Aug 28, 2026
520 Schlueter Germaine Road, Belleville, IL 62220 6/5 3,851 $1,099,900 $1,099,900
100% of ask
Aug 28, 2026
208 RIVER LAUREL Drive, Belleville, IL 62220 3/3 2,200 $285,000 $290,000
101.8% of ask
Aug 28, 2026
517 Park Avenue, Belleville, IL 62220 1/1 1,468 $20,000 $13,973
69.9% of ask
Aug 28, 2026

Price & Listing History

Listed for sale
Jul 6, 2026 at $155,000
Current status: Active Under Contract
As of Jul 20, 2026 · $155,000

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