120 Cindy Ln Unit 102-120 O Fallon, IL 62269
Estimated payment $5,014/month
About This Home
Cha-Ching! You'll be rolling in the dough with this turn-key investment opportunity that consists of five duplex buildings totaling 10 rental units - all on 1.95 acre of land. This sale includes an extra parcel of land with 1.24 acre for future development - (reference Shiloh Zoning for possibilities). Both parcels are zoned B3 (Duplex units are considered grandfathered). Each duplex unit consists of 2 bedrooms, living room, kitchen and full bath. Rents vary from $750 to $830 - so there is plenty of room for increases. Get in on the ground floor before land prices go up with the Frank Scott Parkway extension development coming soon- just across from Bobbie Drive. Located within minutes from the Scott AFB main gate, popular Shiloh/O'Fallon Schools and a park like setting....now that's a winner! New roof in Apr 2025 on Unit 118 & 120. (Please Do Not Disturb tenants - Do Not Walk Around Units). ....You snooze you loose!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,045
Year Built
- Built in 1940
Home Design
- 6,800 Sq Ft Home
- Frame Construction
- Vinyl Siding
Parking
- On-Street Parking
- Unassigned Parking
Schools
- Shiloh Village Dist 85 Elementary And Middle School
- Ofallon High School
Additional Features
- 1.95 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 09-04.0-302-001
Community Details
Overview
- 5 Buildings
- 10 Units
Building Details
- Net Operating Income $82,678
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | For Sale | $735,000 | 0.0% | $108 / Sq Ft |
| 04/17/2025 04/17/25 | Off Market | $735,000 | -- | -- |
Source: MARIS MLS
MLS Number: MIS25024200
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