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    120 Cindy Ln O Fallon, IL 62269

    Under Contract
    For Sale
    $719,000

    5 Family or More, Low/1-2 - O'Fallon, IL

    Property size:
    6,800 SF
    Lot size:
    1.95 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 120 Cindy Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    09-04.0-302-001
    Parking features
    On Street, Unassigned
    Size
    6,800 SF
    Lot size
    1.95 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1940
    Number of units
    10
    Building materials
    Frame, Vinyl Siding
    Architectural style
    Other

    RE/MAX Alliance (618) 975-6043 [email protected]

    Listing agent Roger Roddy (618) 345-2111 License #471002486

    Listing date Oct 25, 2025

    MLS# 25024200 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    O'Fallon Investment Opportunity: 10 Units

    This investment opportunity features five duplex buildings, totaling 10 rental units, situated on 1.95 acres of land. The sale includes an additional 1.24-acre parcel for potential future development, subject to Shiloh Zoning regulations. Both parcels are zoned B3, with the existing duplex units considered grandfathered. Each unit includes 2 bedrooms, a living room, a kitchen, and a full bath. Current rents range from $750 to $830, suggesting potential for increases. The property is located near the upcoming Frank Scott Parkway extension development, across from Bobbie Drive, and is within minutes of Scott AFB's main gate, Shiloh/O'Fallon Schools, and a park. The property offers 6800 square feet of space. A new roof was installed in April 2025 on Unit 118 & 120.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Auto Repair Shop Clothing Store Bar & Pub Garden Center Women's Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    O Fallon
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.883043
    Latitude
    38.559228

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    FAQs

    What type of property is this?
    Apartment building - Turn-key investment: five duplex buildings with 10 rental units.
    Where is this apartment building located?
    The property is located at 120 Cindy Ln O Fallon, IL.
    What is the asking price?
    The asking price for this property is $719,000.
    What are key features of this property?
    This property features: - Turn-key investment opportunity with **five duplex buildings (10 rental units) on 1.95 acres**; - Includes an additional 1.24-acre parcel for future development; - Located minutes from Scott AFB main gate, Shiloh/O'Fallon Schools, and a park
    (618) 345-2111
    Request Owner's contact information
    120 Cindy Ln O Fallon, IL 62269
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    O Fallon, IL 62269
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Cindy Ln O Fallon, IL 62269
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