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219 N High Street, Belleville, IL, 62220

Back on the market. Buyer financing fell through. Well-maintained and fully occupied three-unit multifamily property offering immediate cash flow with $28,200 in annual gross rental income. The property consists of one 2-bedroom unit rented for $850 per month, one 1-bedroom unit rented for $750 per month, and one studio unit rented for $750 per month. The 1-bedroom and studio units have been recently updated to meet city code requirements and successfully passed the City of Belleville occupancy inspections in June 2026. Both units are occupied under one-year leases. The 2-bedroom unit is leased to a long-term tenant, providing stable and consistent rental income. Recent major improvements include three brand-new furnaces installed in June 2026, enhancing the property's efficiency and helping reduce future maintenance concerns. Conveniently located just minutes from downtown Belleville, the property offers easy access to shopping, dining, public transportation, and major roadways. This turnkey triplex is an excellent opportunity for investors seeking a fully leased property with reliable income, recent mechanical updates, and a stable tenant base.

Subdivision: Ralphs Add

List Price

$ 140,000

Status

Active

Days on market

0

MLS#

26044138

Bedrooms

0

Full baths

0

Sq. Ft. Above

1,610

Subdivision

Ralphs Add

School District

Belle Valley DIST 119

County

St Clair-IL

Property Type

Residential Income

Style

Other

Type

Residential Income

Additional Information

Property Tax (2024)

$3,447

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 13, 2026 at $140,000
Current status: Active
As of Aug 14, 2026 · $140,000

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