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Stabilized Condo Portfolio in O’Fallon
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161 Eagle Ridge, O Fallon, IL 62269

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

Property SizeContact for details
Days on Market157

Property Features for 161 Eagle Ridge

General Information

Standard status Active
Property subtype Multifamily
Net Operating Income $119,337

Building Details

Year Built 1980
Year Renovated 2022
Units 17
Listing Agency: Kunkel Commercial Group Group Inc
Listed By: Kevin Beck · License #IL 475199000
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 9 at 6:32AM

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 Commercial Group Group Inc

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

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Law Firm Dental Office Pharmacy

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

Location Intelligence

Trade Area within ½ mile

867
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 - 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 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‑Unit Stabilized Condo Portfolio; Generates $233K Gross Income; Portfolio Discount available
(618) 202-4500 Call to check price and availability
More about this property
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