With a population of just over 41,000 people, Belleville, IL is a promising location for real estate investment because of its rich history, strong community ties, and ongoing development efforts. One of the city's top attractions is the National Shrine of Our Lady of the Snows, which draws thousands of visitors annually. Charming shops, restaurants, and cultural venues like the Lincoln Theatre and Belleville Philharmonic Society add to Belleville's downtown appeal. These attractions not only enhance the quality of life for residents, they also boost the local economy, making the surrounding real estate more valuable and desirable.
The local economy in Belleville is supported by Scott Air Force Base and several other major employers. The base attracts military personnel and their families, creating a steady demand for housing. Memorial Hospital and St. Elizabeth's Hospital provide numerous jobs, drawing healthcare professionals to the city. The presence of these major employers ensures a stable job market, which in turn supports a healthy real estate market, making Belleville an attractive destination for investors. For investors interested in rental properties, areas near Scott Air Force Base and Southwestern Illinois College present excellent opportunities due to the consistent demand from students and military personnel.