120 Cindy LN #102-120 Active Save Request In-Person Tour Request Virtual Tour
O'fallon,IL 62269
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $108
Subdivision Third Principal Meridian Sec 4
MLS Listing ID 25024200
Year Built 1940
Building Age 85
Lot Size 1.950 Acres
Property Sub-Type Multi-Family 5+
Property Description
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!
Location
State IL
County St Clair-il
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Electric
Laundry No Laundry Facil.
Building
Sewer Septic Tank
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Shiloh Village Dist 85
Middle Schools Shiloh Village Dist 85
High Schools Ofallon
School District Shiloh Village Dist 85
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition No Exemptions,None