911 S Walnut Street, O Fallon, IL 62269
- Added:
- Jun 18, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 22 at 10:06 am
Property Features for 911 S Walnut Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 04-31.0-217-005
- Size
- 2,093 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4478
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1983
- Architectural style
- Other
Listing agent Matt Horn License #2023007773 (618) 560-8201
Listing office Landmark Realty 3049 Godfrey Road, Godfrey, IL (618) 466-1513
Listing date Jun 18, 2026
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.
HighLights
- Central air cooling
- Built in 1983
Overview
The property is located at 911 S Walnut Street in O'Fallon, Illinois, in St. Clair County. Being a compact lot can simplify management and maintenance compared with larger developments, while the multi-unit format supports flexible occupancy and tenant mix decisions.
A two- to four-unit structure can appeal to investors and owner-operators looking for manageable scale in a residential income format. With the building size and unit count built into the offering, prospective buyers can evaluate the property for current and future rental use based on their preferred operational approach and local leasing strategy.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.4k | $12.60 |
| − Vacancy | −$1.7k | −$0.82 |
| EGI | $24.7k | $11.78 |
| − OpEx | −$7.4k | −$3.53 |
| NOI | $17.3k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- O Fallon
- County
- St. Clair
- State
- Illinois
- Longitude
- -89.918234
- Latitude
- 38.582802
