THE ULTIMATE LIST OF CHEAP OLD HOUSES UNDER $50K…and BEYOND ––>
c.1861 Illinois Multi-Family Property For Sale Under $48K
January 1, 2024
OHU50K Notes $47,400
Step into history with this charming potential 4-5 unit multi-family property for sale located in the highly sought-after Old Belleville Historic District on S Charles Street. Though in need of a complete rehab, this property presents a unique opportunity to create a masterpiece that could attract premium rents once completed or could be converted to back to a single family beauty.
The property boasts a generous main level unit, a sizable unit upstairs, and three smaller units in the back of house. Embrace the past and unlock the potential of this remarkable Belleville gem. Roof is two years old. Large parking area in back. 5 new electrical meters. Property is sold As-Is Seller to make No repairs or provide warranty/permits. Personal property in the home will stay with home.
8,712 sqft lot
Build date 1861
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
This was the home of Valentin Rhein (1835-1916), Valentine came to America from Germany with his parents when he was 18 years old. In 1868, he married Emma Kreppelt (1849-1922). The couple lived in this home with their six children, Anna, Cecilia, Wakter, Sphia, Casimir and Felix. Valentine was a tailor, civic leader and musician who wrote several pieces of music.