Flip report generated Jul 5, 2025
The Flip Potential of
501 E McKinley St Belleville, IL 62220
is medium.
Current Specs
2 Bed / 2 Bath
2,110 sqft
$24 per sqft
Estimated Value$49,900
Flip Advice
This property at 501 E McKinley St is a 2-bed, 2-bath ranch with 2,110 sqft, listed at $49.9K. That’s roughly $24 per sqft, which is dramatically below the neighborhood average of $115 per sqft. Comps for similar 2-bed, 2-bath homes of similar size are valued around $78K, suggesting solid upside if renovated. The as-is condition means work is needed, but the low entry price leaves room for profit if repairs are reasonable.
If you're an investor, give this one a hard look—there's plenty of spread between the list price and ARV. Just make sure to budget carefully for repairs, as the low price hints at needed updates. For current owners, some strategic cosmetic fixes—fresh paint, updated fixtures—could boost market appeal and help you command a higher price, even if you don’t do a full reno.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.