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120 Cindy Lane 102-120, O'Fallon, IL 62269

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For Sale

$735,000

6,800 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $108.09
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Cha-Ching! You'll be rolling in the dough with this turn-key investment opportunity that consists of five duplex buildings totaling 10 rental units - all on 1.95 acre of land. This sale includes an extra parcel of land with 1.24 acre for future development - (reference Shiloh Zoning for possibilities). Both parcels are zoned B3 (Duplex units are considered grandfathered). Each duplex unit consists of 2 bedrooms, living room, kitchen and full bath. Rents vary from $750 to $830 - so there is plenty of room for increases. Get in on the ground floor before land prices go up with the Frank Scott Parkway extension development coming soon- just across from Bobbie Drive. Located within minutes from the Scott AFB main gate, popular Shiloh/O'Fallon Schools and a park like setting....now that's a winner! New roof in Apr 2025 on Unit 118 & 120. (Please Do Not Disturb tenants - Do Not Walk Around Units). ....You snooze you loose!
MLS# 25024200

Courtesy Of RE/MAX Alliance

(618) 345-2111

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    1.95 Acres

Home seller CENTURY 21 Bailey & Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Bailey & Co.

(618) 931-2121
Learn More About Us

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