113 W Monroe Street, Belleville, IL 62220

$50,000 Asking Price

1 bed
1 bath
731  sqft
Built in 1857

Looking for a fantastic investment or a chance to live in one unit while generating rental income from the other? This property offers two homes on one lot: a charming 1 bed, 1 bath unit that's move-in ready, and a spacious 2 bed, 1 bath that’s brimming with potential but needs some TLC. The 1-bedroom home has a bonus room and is ideal for easy living, featuring an efficient layout and low maintenance. The 2-bedroom home, though in need of repairs, is a great opportunity for the savvy investor or homeowner looking to create value with some updates. Both homes provide excellent rental potential, whether you're looking to build your portfolio or have tenants pay your mortgage! Situated in a convenient location close to Downtown Belleville, shopping, schools, and transit, this is a rare chance to take advantage of a dual-living or income-producing setup. Home has passed occupancy inspection. Don't miss out on this great opportunity to add value and reap the rewards!

Features & Amenities

Interior

General:
Vaulted Ceiling, Some Wood Floors
Kitchen:
Eat-In Kitchen
Appliances:
Range, Refrigerator
Dining:
Kitchen/Dining Combo
Basement:
Cellar
A/C:
Electric
Heating:
true, Forced Air
Fireplace:
Fireplaces: 0

Exterior

Style:
Rustic, Traditional
Parking:
Off Street

Construction

General:
One

Location

Originating MLS:
maris
School District:
Belleville DIST 118
County:
St Clair-IL

Lot

Zoning:
SARGENTS ADD TO BELLEVILLE LOT/SEC-39 W 43 FT E 64 FT LTS 39 & 40 IN DOC A02526357, 08-28.0-214-010

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
maris
Ownership:
Private

This listing courtesy of:
Homes By Janell

About Belleville, IL

Housing

Number of Units
43,373
Median Home Value
$144,633
Median Rent
$739

32.13% of housing units are renter occupied.

9.84% are vacant.

Commute

Car
79.13%
Public Transportation
2.06%
Walk to Work
0.70%
Work from Home
17.24%
Other
0.61%

The median travel time to work is 22 minutes.

People

Population
94,947
Median Age
39.00
Median Household Size
2.45

Education

High School
24.59%
Associate’s Degree
11.95%
Bachelor’s Degree
19.78%
Graduate Degree
12.85%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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