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161-306 Eagle Ridge, Ofallon, IL 62269

Ofallon
Local realty services provided by:CENTURY 21 Premiere Realty
161-306 Eagle Ridge,O'Fallon, IL 62269
$1,596,555
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kevin beck, jeff franke
Office: kunkel wittenauer group, inc
MLS#:26012429
Source:MO_MARIS

Price summary

  • Price:$1,596,555
  • Monthly HOA dues:$7,126

About this home

Exceptional opportunity to acquire a 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently 15 of 17 units are occupied with rents at or slightly above market, generating $233,400 in annual gross income. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention. Ideally located just one block from the intersection of Highway 50 and North Greenmount Road with quick access to Interstate 64. The property is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis, positioning it well for consistent rental demand. HOA-managed exteriors help reduce owner maintenance

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Home facts

  • Year built:1980
  • Listing ID #:26012429
  • Added:3 day(s) ago
  • Updated:March 09, 2026 at 05:50 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Year built:1980
  • Architectural Style:Traditional
  • Construction Materials:Brick, Vinyl Siding

Schools

  • High school:OFallon
  • Middle school:OFALLON DIST 90
  • Elementary school:OFALLON DIST 90

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,596,555

Features and amenities

  • Amenities:Clubhouse
  • Pool features:Pool
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