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Sale Pending

1802 Laurette Ln Unit 1802/1806, Belleville, IL, 62226

$50,000

Home List Price

$594*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1802 Laurette Ln Unit 1802/1806, Belleville$50,000

Buyer Closing Credits

$594*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCarport - 1-2 Car, Additional Parking, Off Street
Year Built1957
HeatingForced Air
CoolingElectric
MLS #24016741
Lot Size0.25 Acres
StatusSale Pending

About 1802 Laurette Ln Unit 1802/1806

Price listed is Starting Bid Only. Fully occupied multi family property producing a combined monthly rental income of $1,650.00 in Belleville, IL! The 3BR/1BA unit is 1802 and offers a kitchen, a living room, a full basement, and carport. The tenant in 1802 is paying $750/month in rent with a lease that expires in May of ‘24 and would like to stay on with the new owners. The 2BR/1BA unit is 1806 comes complete with a kitchen and living room, a full basement, and carport. The tenant in 1806 is paying $900/month in rent with a lease expiring in August of ’24. Both tenants pay all their own utilities except the sewer. Bidding starts closing 4/18/2024 @ 5 p.m. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only.

Property Details

Property Features

Property Information:

  • Year Built: 1957

Listing Office:

  • Office Name: Adams Auction & Real Estate Se

Interior Features

Interior Information:

  • Appliances: Washer/Dryer

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Carport - 1-2 Car, Additional Parking, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

School Info

Assigned Schools Information:

  • West Jr High School, Public District Grades 7-8
  • Abraham Lincoln Elementary School, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000
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Housing Market Comparison

See how this home compares to others in Belleville, IL.

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Belleville, IL

City

Med. Sold Price

$178.7K

Med. Price/SqFt

$104

Avg. Days On Market

45

# of Sold Homes

104

1802 Laurette Ln Unit 1802/1806 vs Belleville

37 DAYS ON ROCKET

-8 Days

$50,000

-$128.7K Less

KEY TAKEAWAY

This property is $128.7K less than the Median Sold Price in Belleville, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24016741

Listing Office:

  • Office Name: Adams Auction & Real Estate Se

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:23:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1213276
2
/10

  • Abraham Lincoln Elementary School

  • 820 Royal Heights Rd

  • 0.54 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1213277
6
/10

  • West Jr High School

  • 840 Royal Heights Rd

  • 0.59 miles

  • Public District Grades 7-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,907. The majority of Belleville, IL residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Saint Clair County›Belleville›62226›1802 Laurette Ln Unit 1802/1806

This home is located at 1802 Laurette Ln Unit 1802/1806 in Belleville, IL and zip code 62226. This home, which was built in 1957, sits on a 0.25 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $50,000.

While more than 34 listings in Belleville, IL in March 2024 were sold above asking price, there were more than 28 listings sold at asking price, and more than 42 were sold below. The number of listings in Belleville, IL decreased by 0.3% between February 2024 and March 2024. In March 2024 median list price was $178,780 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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