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8-Unit Apartment Building
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104 Lee Dr, O Fallon, IL 62269

Renovated apartment property with updated interiors, central air, and paved rear parking.

Property SizeContact for details
Days on Market144

Property Features for 104 Lee Dr

General Information

Standard status Active
Property subtype Multifamily, Land
Occupancy 100%

Units

Unit Mix 8 x 2BR
Multifamily Units 8

Amenities

central air

Building Details

Year Renovated 2022
Listing Agency: Hybrid Real Estate
Listed By: Antione Lawrence · License #MO 2014017363
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 10:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hybrid Real Estate

Investment Insights

Based on property information with market context.

This eight-unit apartment property was renovated in 2022 and offers consistent two-bedroom layouts throughout. Each residence includes an updated kitchen, an updated bathroom, and central air, creating a practical configuration for apartment operations. A paved parking area is located at the rear of the property.

All eight units are currently occupied, with one residence leased on a month-to-month basis. The property is within walking distance of downtown O’Fallon and provides a low-maintenance apartment configuration for a landlord or an owner-occupant, as supported by the existing unit setup.

Key Highlights

  • Eight total apartment units, all currently occupied
  • Two‑bedroom layout in each unit
  • Updated kitchens and bathrooms throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Auto Parts Store Grocery & Convenience Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 62269, IL

36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated apartment property with updated interiors, central air, and paved rear parking.
Where is this apartment building located?
The property is located at 104 Lee Dr O Fallon, IL.
What are key features of this property?
This property features: Eight total apartment units, all currently occupied; Two‑bedroom layout in each unit; Updated kitchens and bathrooms throughout
More about this property
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