CBRE, as exclusive marketing advisor, is pleased to present the opportunity to acquire Lake Christine Village Apartments (“the Property”), a 54-unit, garden-style apartment community situated on 2.53 acres in Belleville, Illinois. Constructed in 1997 and renovated in 2001, the residential property includes 55,800 square feet of rental space with spacious two-bedroom units with fireplaces, private balconies, and in-unit laundry hookups.
The property is ideally positioned just 20 minutes from downtown St. Louis, providing residents with seamless access to major employment centers, cultural attractions, and entertainment venues across the bi-state area.
Situated near the intersection of Illinois Route 15 and Highway 158, Lake Christine Village benefits from excellent regional connectivity. The property is minutes from Interstate 64, offering direct routes to Scott Air Force Base, MidAmerica St. Louis Airport, and major industrial parks. Residents enjoy proximity to local shopping centers, grocery stores, restaurants, and healthcare facilities, while nearby employers include Memorial Hospital, Southwestern Illinois College, and a growing logistics and manufacturing sector.
Lake Christine Village is being sold with an attractive assumable debt of 3.77%. A call for offers date will be announced during marketing.
Lake Christine Village is part of a larger 4-property, 504-unit portfolio. Properties can be purchased individually or as a portfolio.