1103 W A St, Belleville, IL 62220

Property Description

Price listed is Starting Bid Only. Bidding starts closing 2/5/2026 @ 5 p.m. Discover your chance to own a dependable, income-producing asset in the heart of Belleville. This fully leased duplex generates $1,350 in monthly rental income at the current rental rates, offering immediate cash flow and long-term investment potential. Each of the two units have their own furnace and hot water heater, separate gas and electric meters, and share the water meter. The unit located at 1101 is a 2BR/1BA unit paying $800.00 in monthly rent and the unit located at 1103 is a 1BR/1BA unit paying $550.00 in monthly rent. Both tenants are on month-to-month lease agreements and cover their own utilities, keeping operational costs simple and transparent. Zoned D-1, Light Industrial within the City of Belleville, the property is currently operating as a duplex, with any alternate use requiring city approval. Conveniently located near public transit, schools, and major Metro East roadways, this property combines accessibility with strong rental appeal. With two fully rented units, this is a smart investment whether you are expanding your portfolio or stepping into multi-family real estate for the first time. 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 01/25/26 from 12-2pm. Any showings after open house are by appointment only.