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Stabilized Condo Portfolio in O’Fallon
For Sale
$1,270,500

161 Eagle Ridge Unit 161306, O Fallon, IL 62269

17-unit portfolio in O’Fallon, Illinois, with $233K gross income.

Property Size600 SF
Price / SF$2,117
Days on Market1188

Property Features for 161 Eagle Ridge Unit 161306

General Information

Standard status Active
Size 600 SF
Property subtype Commercial Sale / Multi-Family 5+

Amenities

Electric
Forced Air
Yes
1
Other
Clubhouse, In Ground Pool

Building Details

Year Built 1982
Listing Agency: Kunkel Wittenauer Group, Inc
Listed By: Jeff Franke · License #475123599
Source: Compass
Added: Jul 22, 2023 Changed: Oct 21 Last Checked: Oct 20 at 11:09PM

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 Kunkel Wittenauer Group, Inc

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Investment Insights

Based on property information with market context.

This is a 17-unit stabilized condo portfolio located in O’Fallon, Illinois. The property generates a gross income of $233,000. It is being offered as a portfolio at a discounted price.

Key Highlights

  • 17‑Unit Stabilized Condo Portfolio
  • Generates $233K Gross Income
  • Portfolio Discount available

Property Analytics

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Location Intelligence

Trade Area within ½ mile

32
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - 17-unit portfolio in O’Fallon, Illinois, with $233K gross income.
Where is this apartment building located?
The property is located at 161 Eagle Ridge Unit 161306 O Fallon, IL.
What is the asking price?
The asking price for this property is $1,270,500.
What are key features of this property?
This property features: 17‑Unit Stabilized Condo Portfolio; Generates $233K Gross Income; Portfolio Discount available
More about this property
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