400 University Dr

Belleville, IL 62221

$250,000
Price
Beds
Baths
2,292 Sq. Ft.
$109 / Sq. Ft.
2,292
Sq. Ft.
$109
per Sq. Ft.

Description

Great 2-unit investment opportunity. Each unit is 2 bedroom 2 bathroom with a 1 car garage. Each tenant pays all utilities. Both units are currently rented. Both units have screened in patios. This property is in a great location, right across the street from SWIC and the Metrolink. Great building for any investor to add to their portfolio!Great 2-unit investment opportunity. Each unit is 2 bedroom 2 bathroom with a 1 car garage. Each tenant pays all utilities. Both units are currently rented. Both units have screened in patios. This property is in a great location, right across the street from SWIC and the Metrolink. Great building for any investor to add to their portfolio!
  1. Listed by Jan Fiss • Nester Realty

Amenities

  • Air Conditioning
  • Attached Garage
  • Forced Air
  • Garage
  • Parking Included
LISTING UPDATED: 04/04/2025 10:58 AM

Property Details for 400 University Drive

StatusActive
MLS #23020574
Days on Market804
Taxes$4,874 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built1984
Lot Size-
CountySt. Clair County

Location

Listing Courtesy of Nester Realty
Add your commute

Building Information for 400 University Drive

Stories-Residences-Year Built1984Building Size-Lot Size-

Payment Calculator

$1,716 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,310

Property Taxes

$406

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 400 University Drive

Summary
Location and General Information
  • City: Belleville
  • County Or Parish: St Clair-IL
  • Latitude: 38.516153
  • Longitude: -89.929248
  • Postal Code: 62226
  • State Or Province: IL
  • Sub division Name: WEATHERSTONE 3RD ADDITION LOT/SEC-3
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 08-24.0-411-005
  • Tax Annual Amount: $4,874.00
  • Tax Year: 2021
Parking
  • Attached Garage: Yes
  • Parking Features: Attached Garage - 1-2 Car
  • Driveway: Concrete
School Information
  • Elementary School: BELLE VALLEY DIST 119
  • High School: Belleville High School-East
  • High School District: Belle Valley DIST 119
  • Middle Or Junior School: BELLE VALLEY DIST 119
Property
Lot Information
  • Lot Size Dimensions: irregular
  • Lot Size Source: County Records
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 2292.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 0
  • Building Desc: Duplex
  • Photos Count: 9
  • Videos Count: 0
  • Year Built: 1984
  • Disclosures: Unknown,City
  • Age: 39
  • Construction Materials: Brick
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Some Dishwasher(s), Some Disposal(s), Some Fireplace(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s)
  • Heat Source: Gas
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 2-Family
Income & Expenses
  • Miscellaneous: Patio
  • Net Operating Income: $14,094.00
  • Operating Expense Includes: Insurance,Taxes,Maintenance
  • Total Expenses: 6786.00
Unit 1
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Unit 2
  • Unit Full Baths: 1
  • UnitType Beds Total: 2.0
Rental
Rent Information
  • Lease Term: Leases
  • Tenant Pays: All Utilities

Property History for 400 University Drive

DateEvent & SourcePriceAppreciation
Apr 14, 2023

Price Change

MARIS #23020574

$250,000
Apr 14, 2023

Listed (Active)

MARIS #23020574

$225,000
DateEvent & SourcePrice
04/14/2023

Price Change

MARIS #23020574

$250,000
04/14/2023

Listed (Active)

MARIS #23020574

$225,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 400 University Drive

This home is within Belle Valley School District 119.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Belle Valley Elementary School-North
PublicPK to 8

Belleville High School-East
Public9 to 12

Belleville High School-West
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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400 University Drive is a multi-family home for sale in Belleville, IL 62221. This property was listed for sale on April 14, 2023 by Nester Realty, it's currently listed at $250,000. This listing's school districts are Belle Valley School District 119, Belleville Twp Hsd 201 School District. Nearby schools include Belle Valley Elementary School-North, Belleville High School-East and Belleville High School-West. 400 University Drive is a 0-bed, 0-bath, 2,292 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nester Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/27/2025 12:50 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.