1. Illinois
  2. O'fallon
  3. 120 Cindy Lane 102-120
$735,000

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

  • 6,800 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon1.95acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $108/sqft
  • Property List Date Icon Listed 2 months ago

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!

Listing Status:
Active
Date Added:
April 17, 2025 at 05:00AM
Listing Office:
RE/MAX Alliance : 618-3452111
MLS ID:
25024200
  • Appliances: Gas Water Heater
  • Laundry: None
  • A/C: Ceiling Fan(s)Central AirElectric
  • Heating: Forced AirNatural Gas

This listing courtesy of RE/MAX Alliance

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

O Fallon High School

600 S Smiley St, O Fallon, IL, 62269

Grades 9-12

2.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.