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120 Cindy Lane O'Fallon, IL 62269

$735,000

6800 Square Feet

Tax History: $11045 - 2023

Estimated Payment: $3,481 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$735,000 , Located in THIRD PRINCIPAL MERIDIAN SEC 4, O'FALLON. ZIP Code: 62269

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!

This property is located on 1.95 Acre(s).

Near By Listings

161 Eagle Ridge O'Fallon, IL 3.16 miles

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202 Wabash Avenue Belleville, IL 5.81 miles

213 Brackett Street Swansea, IL 6.10 miles

Main Features:

Approximate lot size is 2 Acre(s)
Elementary School: SHILOH VILLAGE DIST 85
Middle School: SHILOH VILLAGE DIST 85
High School: OFallon

Send Message to Realtor:

MLS#: 25024200
Listing ID: 61457
Updated: 11 days ago
Days on site: 76 days

Listing provided by

Roger Roddy

RE/MAX Alliance

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2025 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.