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4-Unit Bungalow Rental Property

1801 Jerome Lane, Cahokia, IL 62206

For Sale
New
$185,000

Residential Income, Cahokia, IL

Property Size2,400 SF
Lot Size0.63 Acres
Price / SF$77.08
Days on Market3

Property Features for 1801 Jerome Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 3
Subdivision Commonfields/Cahokia
Elementary school CAHOKIA DIST 187
Middle school CAHOKIA DIST 187
High school Cahokia
Elementary school district Cahokia DIST 187
Middle school district Cahokia DIST 187
High school district Cahokia DIST 187
Standard status Active
APN 06-01.0-400-029
Size 2,400 SF
Lot size 0.63 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4934

Utilities

Cooling system Ceiling Fan(s)

Building Details

Year built 1973
Building materials Brick
Architectural style Bungalow
Listing Agency: eXp Realty
Listed By: Michael Maxwell
Added: Nov 11 Changed: Nov 12 Last Checked: Nov 13 at 11:06PM
MLS# 26072015

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.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property comprises four bungalow residences with a combined 2,400 square feet of building area. The homes were built in 1973 and have brick construction; ceiling fans provide cooling. The property is fully leased across its four residences.

The site contains 0.63 acres at 1801 Jerome Lane in Cahokia, Illinois.

Key Highlights

  • Four bungalow residences; all are leased
  • 2,400 square feet of building area on 0.63 acres
  • Brick construction; built in 1973

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby

Demographics for 62206, IL

12,929
Population
6,586
Households
2
Avg Household Size
34
Median Age
12%
College-Educated
86%
High-School Grad
14.5 sq mi
ZIP Area
892
Density / Sq Mi
$39,520
Median Household Income
$27,611
Median Earnings
$1,021
Median Rent
$57,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in St. Clair County, IL

$102 Jul
$148 Aug
$149 Sep
$137 Oct

Properties on Market for Multifamily properties in St. Clair County

Jul
Aug
Sep
Oct

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?
Multifamily property - All residences are leased and feature brick construction with ceiling-fan cooling.
Where is this multifamily property located?
The property is located at 1801 Jerome Lane Cahokia, IL.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Four bungalow residences; all are leased; 2,400 square feet of building area on 0.63 acres; Brick construction; built in 1973
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