IL > O'fallon > Third Principal Meridian Sec 4
O'fallon, IL 62269,120 Cindy LN #102-120
O'fallon, IL 62269,120 Cindy LN #102-120
O'fallon, IL 62269,120 Cindy LN #102-120
Additional details
Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125
$735,000
Est. payment /mo
6,800 SqFt
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UPDATED:

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

Construction Status 85

Year Built 1940

Building Age 85

Lot Size 1.950 Acres

Acres 1.95

Lot Dimensions 490.65 x 29 x 127.87 x 540.31 IRR

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

Fireplace N

Laundry No Laundry Facil.

Building

Sewer Septic Tank

Water Public

Structure Type Frame,Vinyl Siding

Construction Status 85

Schools

Elementary Schools Shiloh Village Dist 85

Middle Schools Shiloh Village Dist 85

High Schools Ofallon

School District Shiloh Village Dist 85

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition No Exemptions, None

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Listed by Roger Roddy • RE/MAX Alliance

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agent

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

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