17-Unit Apartment Condominium
For Sale
$1,520,000
161-306 Eagle Ridge, O Fallon, IL 62269
MULTI_FAMILY - Other - O'Fallon, IL
Property SizeContact for details
Days on Market41
Property Features for 161-306 Eagle Ridge
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3
Parking
10
Exterior features
Balcony
Fireplace
1
Subdivision
Eagle Rdg Condos Ph 1 Bldg #16
Elementary school
OFALLON DIST 90
Middle school
OFALLON DIST 90
High school
OFallon
Elementary school district
O Fallon DIST 90
Middle school district
O Fallon DIST 90
High school district
O Fallon DIST 90
Directions
GPS friendly. From Interstate 64 take N. Greenmount to the north and pass Highway 50. Turn right on Center Grove Drive.
Standard status
Active
APN
See Supplements
Taxes and HOA fees
Tax Description
See Supplements
HOA Fee
$7,126 Monthly
Legal Description
See Supplements
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
fireplace
vaulted ceilings
pool
clubhouse
Building Details
Year built
1980
Building materials
Brick, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Kunkel Wittenauer Group, Inc
(618) 632-8200
Listed By:
Kevin Beck · License #475199000
(618) 632-8200
Added: Jul 11
Changed: Aug 4
Last Checked: Aug 20 at 9:06PM
MLS# 26012429
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This fully leased 17-unit apartment condominium portfolio is located within Eagle Ridge Condominiums and offers a diversified mix of one- and two-bedroom residences across multiple phases. All 17 units are currently occupied. Several units have been remodeled, and all residences include fireplaces, with select homes featuring vaulted ceilings. Residents have access to a community pool and clubhouse.
Constructed in 1980, the community features brick construction with vinyl siding, shingle roofing, forced-air heating, and central air conditioning. Exterior features include balconies. HOA-managed exteriors cover exterior building maintenance, with the exception of windows and doors. Multiple roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated.
The property is ideally positioned one block from the intersection of Highway 50 and North Greenmount Road, with quick access to Interstate 64, and it is less than 20 minutes to Scott Air Force Base. Downtown St. Louis is under 30 minutes away, supporting consistent rental demand.
Constructed in 1980, the community features brick construction with vinyl siding, shingle roofing, forced-air heating, and central air conditioning. Exterior features include balconies. HOA-managed exteriors cover exterior building maintenance, with the exception of windows and doors. Multiple roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated.
The property is ideally positioned one block from the intersection of Highway 50 and North Greenmount Road, with quick access to Interstate 64, and it is less than 20 minutes to Scott Air Force Base. Downtown St. Louis is under 30 minutes away, supporting consistent rental demand.
Key Highlights
- 17 units currently occupied within Eagle Ridge Condominiums across multiple phases
- One- and two‑bedroom mix; several units remodeled; all homes include fireplaces
- Community pool and clubhouse access for residents
Property Analytics
Property Profile
Current Use
Lease Details
17
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased 17-unit condo portfolio with fireplaces, central air, and community pool and clubhouse amenities.
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 $1,520,000.
What are key features of this property?
This property features: 17 units currently occupied within Eagle Ridge Condominiums across multiple phases; One- and two‑bedroom mix; several units remodeled; all homes include fireplaces; Community pool and clubhouse access for residents
