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For Sale

539-540 N 40th St

539-540 N 40th St, Belleville, IL 85008

17 Units in the heart of Belleville. (16) 1 Bed/1Bath Units – each 625 SF and (1) 2 Bed/1 Bath unit – 800 SF. Adjacent to main retail thoroughfare which has a strong employment base. Post 2000’s construction with exceptional management keeps these units in much better condition than the surrounding apartment inventory.

 

Located in the heart of Belleville, Illinois, 40th Street just off of North Belt West offers a highly accessible and well-established corridor ideal for both commercial and residential product. The area features a blend of single-family homes, multifamily properties, and convenient neighborhood services, creating a walkable, community-oriented environment.

 

With proximity to major thoroughfares, public transit (including MetroLink and MetroBus routes), and key amenities such as pharmacies (CVS and Walgreens), grocery stores (Schnuck’s and Save-a-Lot) , local farmer’s market, banking and local dining. North Belt West provides an ideal balance of suburban comfort and urban connectivity. The neighborhood is served by top-rated public schools in Belleville District 118 and Belleville West High School, adding to its appeal for families and long-term residents.

 

Ongoing city investment in infrastructure and community revitalization—particularly in nearby Ward 3—underscores the area’s growth potential and long-term value. Whether you’re investing, leasing, or looking to reposition assets, North Belt West represents a stable, high-demand location in the Metro East region.

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Contacts

broker
Carter Marteeny

Barber Murphy

Building Details

  • For Sale $1,200,000
  • Property Type Multi-Family
  • Property Size 10,800 SF
  • Units 17
  • Lot Size 0.88 Acre
  • Cap Rate % 7.63
  • NOI / YR $91,500.00
  • Parking Spaces Avail. 28
  • Parking Ratio 2.59 / 1,000 SF
  • Year Built 2001
  • Year Renovated 2005
  • Date Updated Mar 3, 2026
  • Visibility/Traffic Count (VPD) 14,400

Getting Around

  • Walk Score ®

    Somewhat Walkable (56)
  • Transit Score ®

    Some Transit (31)
  • Bike Score ®

    Somewhat Bikeable (44)
Powered by Walk Score ®

Location

  • City Belleville, IL
  • Zip Code 85008
  • Market St Louis

Points of Interest

Zephyr Express

0.55 miles

BP

0.89 miles

Phillips66

1.99 miles

BP Shop

2.02 miles

Moto Mart

2.42 miles

Hucks

2.58 miles

Hardee's Parking

5.04 miles

Metro Link Long Term Parking

5.63 miles

OTHS Parking

6.90 miles

OTHS Faculty Parking

6.98 miles

OTHS Weber Field Parking

7.10 miles

O'Fallon Park and Ride

8.17 miles

Jet Wash

1.85 miles

Sparkle Express Car Wash

2.36 miles

Parker's Car Wash

6.50 miles

Sweetwater Car Wash

8.34 miles

Club Car Wash

9.11 miles

BZY Car Wash

9.26 miles

Church's Chicken

0.29 miles

Papa John's

0.34 miles

Rally's

0.38 miles

McDonald's

0.40 miles

Belleville Pancake House

0.44 miles

Imo's Pizza

0.49 miles

Margarita's

0.52 miles

Domino's

0.52 miles

Steak Out

0.85 miles

Schnucks

0.93 miles

Target

1.45 miles

ALDI

1.96 miles

Marshalls

3.41 miles

Ross

3.43 miles

Kohl's

3.56 miles

Fresh Thyme

3.86 miles

Burlington

3.98 miles

Saint Clair Square Mall

4.10 miles

Memorial Hospital

0.42 miles

Northwest Saint Clair County Fire Protection District Station 1

0.97 miles

Walgreens

1.03 miles

Northwest Fire Department

1.11 miles

Northwest Scc Fire Department / Northwest Saint Clair County Fire Protection District Station 2 - Headquarters

1.11 miles

Belleville Fire Department Station 3

1.24 miles

Belleville Fire Department Station 2

1.66 miles

Swansea Volunteer Fire Department

1.67 miles

MedExpress Urgent Care

1.89 miles

539-540 N 40th St Listing Summary

  • What is the asking price at 539-540 N 40th St?

    539-540 N 40th St is currently listed for sale at Contact for pricing.

  • What is the total size of 539-540 N 40th St?

    539-540 N 40th St has a total of 10,800 square feet.

  • What is the year built for 539-540 N 40th St?

    The year built for 539-540 N 40th St is 2001.

Contact Listing Broker
broker
Carter Marteeny

Barber Murphy

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