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202 Wabash Avenue, 
Belleville, IL 62220

$140,000


Bed


Bath


1,426

Sq Ft


Multi-Family

Coming Soon

Listed by

Viktoriia Kovel

Keller Williams Pinnacle

Last updated:

July 18, 2026, 03:30 PM

MLS#

26044473

Source:

MO MARIS

About This Home

202 Wabash Avenue

Don't miss this fully occupied duplex offering immediate rental income with $18,000 in current annual gross rental income and excellent upside potential. The property features two occupied units on month-to-month leases, providing flexibility for investors while maintaining consistent cash flow. The upper unit is currently rented for $850 per month, while the lower unit, with its own private entrance and separate exit, is rented for $650 per month. Both rents are below current market value, presenting an opportunity to increase future income. Market rents are estimated at approximately $1,000 per month for the upper unit and $850 per month for the lower unit. Recent improvements include replacement of the tub faucet plumbing fixture and repairs to the back and side sections of the roof, helping reduce immediate maintenance needs. Tenants are responsible for gas and electric, while the owner pays water, sewer, trash, and seasonal lawn care. Current owner expenses include approximately $375–$400 per month for water, sewer, and trash. $110 per month for landscaping during the mowing season. With no vacancies, separate entrances for both units, below-market rents, and significant potential to increase cash flow, this duplex is an outstanding opportunity for investors looking to expand their portfolio with a property that offers both immediate income and future appreciation potential.

Home Facts

Multi-Family

Built in 1893

Price Summary

140,000

$98 per Sq. Ft.

MLS #:

26044473

Last Updated:

July 18, 2026, 03:30 PM


Rooms & Interior

Interior

Living Area:

1,426 Sq. Ft.


Structure

Structure

Building Area:

1,426 Sq. Ft.

Year Built:

1893


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$140,000

Price per Sq. Ft:

$98 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.