161-306 Eagle Ridge O Fallon, IL 62269
New
5 Family or More, Traditional - O'Fallon, IL
- Added:
- Apr 18, 2026
- Days on Market:
- 4
- Last Refresh:
- Apr 21 at 2:06 pm
Property Features for 161-306 Eagle Ridge
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 10
- Parking features
- Carport, Garage
- Exterior features
- Balcony
- Standard status
- Active
- APN
- See Supplements
Taxes and HOA fees
- Expense value
- 7126
- Expense
- Home Owner Assessments Fee
- Expense freq.
- Monthly
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Building materials
- Brick, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- New Traditional
Listing agent Kevin Beck License #475199000 (618) 550-8762
Listing office Kunkel Wittenauer Group, Inc 3318 N Illinois, OFallon, IL (618) 632-8200
Listing date Apr 18, 2026
MLS# 26012429
Listing URL
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Overview
O'Fallon 17-Unit Condo Portfolio
This is an opportunity to acquire a 17-unit income-producing condominium portfolio in O'Fallon. The stabilized offering includes a mix of one- and two-bedroom residences within Eagle Ridge Condominiums. Sixteen of the seventeen units are occupied, generating approximately $233,400 in annual gross income. Several units have been remodeled. All units feature fireplaces, and select residences offer vaulted ceilings. Residents have access to a community pool and clubhouse. The property is located one block from the intersection of Highway 50 and North Greenmount Road, with access to Interstate 64. It is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis. HOA-managed exteriors reduce owner maintenance responsibilities, covering exterior building maintenance with the exception of windows and doors. Many roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated. A portfolio discount is available for full-package acquisition, with pricing incentives for multi-unit purchases. It is ideal for 1031 exchange buyers or investors seeking scalable residential income in a stable Metro East market. The seller prefers sale of the entire portfolio; however, individual or multi-unit purchases may be considered. A portfolio discount has been applied to the full package listing price.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- O Fallon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.9275821
- Latitude
- 38.5904663
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 17-unit income-producing condominium portfolio in O'Fallon, Illinois.
Where is this apartment building located?
The property is located at 161-306 Eagle Ridge O Fallon, IL.
What is the asking price?
The asking price for this property is $1,596,555.
What are key features of this property?
This property features: Stabilized income‑producing portfolio of 17 condominium units, 16 currently occupied.; Generating approximately $233,400 in annual gross income.; Convenient location near Highway 50, North Greenmount Road, and Interstate 64.
