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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
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
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Walk Score ®
Somewhat Walkable (56) -
Transit Score ®
Some Transit (31) -
Bike Score ®
Somewhat Bikeable (44)
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
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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.
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What is the total size of 539-540 N 40th St?
539-540 N 40th St has a total of 10,800 square feet.
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What is the year built for 539-540 N 40th St?
The year built for 539-540 N 40th St is 2001.
Barber Murphy