$475,000

511 E Main Street, Belleville, IL 62220

  • 5,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1872
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $93/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Here is your opportunity to purchase 4 fabulous income generating lofts under one roof in downtown Belleville. The Brass Lantern Lofts is a wonderful 1872 building that was brought back to life in 2019 with extensive work done to the main floor including all new electrical, plumbing, walls, HVAC, and the list goes on. Three units are on the ground floor, two of them are two bed two bath, and are approximately 1300 square feet. The two bedroom units each have their own courtyards. The other first floor unit is a one bed one bath and is approximately 900 square feet. The one bedroom unit has its own concrete patio. The upper level was updated nicely and had new HVAC installed in 2022 along with a new deck and back stairs last year. The upper unit is a 3 bedroom one bath and is approximately 1600 square feet. All units have stainless steel appliances and washer and dryer hookups. Owner pays water, sewer, and trash for the ground floor units. The upper unit pays their own water and sewer bill. Each loft gets two parking spaces, there are 18 spaces so that leaves 5 spaces to rent for additional income. These units will only appreciate in value and there are only so many lofts/apartments in the downtown area. This area of Belleville has become more desirable as time has gone on. Pre-approval of proof of funds required to view this property. All information to be verified by buyer and buyer's agent.

Listing Status:
Active
Date Added:
August 13, 2025 at 05:00AM
Listing Office:
RE/MAX Preferred : 618-624-2111
MLS ID:
25054878
  • Appliances: Stainless Steel Appliance(s)
  • Laundry: See RemarksIn Unit
  • A/C: Ceiling Fan(s)Central AirOtherVaries by Unit
  • Heating: Forced AirNatural Gas

This listing courtesy of RE/MAX Preferred

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Belleville High School-East

2555 West Blvd, Belleville, IL, 62221

Grades 9-12

1.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.