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Cahokia Heights, IL Multifamily Homes & Duplexes for Sale

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    $640,000

    3503 Falling Springs Rd, East Saint Louis, IL 62206

    Excellent value-add multifamily investment opportunity in Cahokia Heights. This property includes two fully occupied apartment buildings on one parcel—offering a total of 11 units. The front building contains 4 units, including a studio and a 1-bedroom, while the rear building features 7 units, all with 2 bedrooms and 1 bathroom. Renovated in 2022, each unit includes modern conveniences such as

    Brendan Barone Kunkel Wittenauer Group, Inc

    3503 Falling Springs Rd, East Saint Louis, IL 62206
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    $219,999

    115 Jerome Ln, Cahokia, IL 62206

    Great one bedroom apartment unit complex. Two of the units have been updated with fresh paint, flooring, and fixtures.These units are rent ready, while some units are already tented units. Rent for the units are $900. This property is close to St Louis, minutes to the interstate, and with in reason from town.

    AnnaMarie Cook Turnbow Real Estate Services, Inc.

    115 Jerome Ln, Cahokia, IL 62206

Why Live in Cahokia Heights

Founded in 2021, Cahokia Heights is one of the newest cities in the country, which is a little surprising given that local landmarks include a church and a fur trader’s mansion built at the turn of the 18th century. But Cahokia Heights wasn’t incorporated from scratch — it actually combined three cities: Alorton, Cahokia and Centreville. That move was made to stabilize the trio of communities, which have witnessed the outflow of hundreds of residents since 2010. “The community has shrunk a bit, but the core businesses are still there,” says managing broker Cathy Dey of Hermann London Real Estate Group. “It has some of the most affordable homes in the region, and you’re right across the river from downtown St. Louis.” Midcentury ranch-style homes and cottages, most of them built in the '40s, '50s and '60s, make up most of the local housing inventory. Most offer around 1,000 square feet of interior space. Home prices are among the lowest in Greater St. Louis, but a fair number of properties on the market are also in need of some renovation. Homes in the area can sell for anywhere from $60,000 to $120,000. “A lot of it is investors looking for rental properties,” says Dey, “but it’s

Home Trends in Cahokia Heights, IL

Housing Trends

Median Sale Price
$80,000
Median Single Family Sale Price
$80,000
Average Price Per Sq Ft
$73
Number of Homes for Sale
18
Last 12 months Home Sales
79
Months of Supply
2.70
Median List Price
$85,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
60%
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