Property Overview:
• Location: 509 Park Avenue, Belleville, Illinois 62220
• Property Type: Single-family home (fixer-upper)
• Price: $25,000 (negotiable)
• After Repair Value: $195,000
• Year Built: 1877
• Condition: Needs full renovation
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Investment Highlights:
• High ROI Potential: Belleville's median home sale price increased by 48.6% year-over-year as of February 2025, reaching $184,667.
• Strong Demand: Homes in Belleville are selling quickly, with a median of 62 days on the market, indicating a competitive market.
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Belleville: A City on the Rise
Belleville, Illinois, offers a blend of historic charm and modern amenities, making it an attractive location for real estate investment. Key features include:
• Proximity to St. Louis: Located just 20 minutes from downtown St. Louis, providing easy access to employment and entertainment.
• Transportation Access: Served by three MetroLink stations and major highways like I-64 and I-255.
• Community Amenities: Home to Scott Air Force Base, a regional airport, and a growing downtown area with shops and restaurants.
• Historic District: The Blair Historic District features 78 buildings dating back to the 1850s, adding to the city's character and appeal.
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Terms and Conditions: There may be a low documentation fee for this lot. We will prepare all documentation and record the deed for you. This land is being sold in "as is" condition. Seller makes no representations, warranties of any kind whatsoever, expressed or implied. All prospective buyers are urged to do their own due diligence to their own satisfaction prior to purchase of this property. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. There will be no delinquent back taxes at time of conveyance. Current year taxes are the buyer's responsibility. As Seller, we guarantee we will provide the buyer with a Quit Claim Deed upon payment in full.