161 Eagle Ridge Unit 161 O Fallon, IL 62269
O'Fallon AreaEstimated payment $15,456/month
Highlights
- In Ground Pool
- Clubhouse
- 1 Fireplace
- Schaefer Elementary School Rated A-
- Traditional Architecture
- Balcony
About This Home
Price Improvement!! Exceptional opportunity to acquire a fully-leased, 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently, all 17 units are occupied. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention. Ideally located just one block from the intersection of Highway 50 and North Greenmount Road with quick access to Interstate 64. The property is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis, positioning it well for consistent rental demand. HOA-managed exteriors help reduce owner maintenance responsibilities, covering exterior building maintenance with the exception of windows and doors. Many roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated. Portfolio discount available for full-package acquisition, with additional pricing incentives for multi-unit purchases. Ideal for 1031 exchange buyers or investors seeking scalable residential income in a stable Metro East market. Seller prefers sale of the entire portfolio; however, individual or multi-unit purchases may be considered. A portfolio discount has been applied to the full package listing price.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
HOA Fees
- $7,126 Monthly HOA Fees
Parking
- 9 Car Garage
- 1 Carport Space
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 1 Fireplace
- Laundry on main level
Bedrooms and Bathrooms
- 27 Bedrooms
- 17 Bathrooms
Pool
- In Ground Pool
- Fence Around Pool
Schools
- Ofallon Dist 90 Elementary And Middle School
- Ofallon High School
Additional Features
- Balcony
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number See Supplements
Community Details
Overview
- Association fees include clubhouse, ground maintenance, common area maintenance, exterior maintenance, pool maintenance, management, pool, roof, snow removal
- 2 Units
- Eagle Ridge Association
- Community Parking
Amenities
- Common Area
- Clubhouse
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,435 | $19,684 | $2,904 | $16,780 |
| 2023 | $1,324 | $17,470 | $2,577 | $14,893 |
| 2022 | $1,252 | $16,061 | $2,369 | $13,692 |
| 2021 | $1,212 | $15,266 | $2,673 | $12,593 |
| 2020 | $1,204 | $14,450 | $2,530 | $11,920 |
| 2019 | $1,178 | $14,450 | $2,530 | $11,920 |
| 2018 | $1,148 | $14,031 | $2,457 | $11,574 |
| 2017 | $1,159 | $13,660 | $2,658 | $11,002 |
| 2016 | $1,156 | $13,341 | $2,596 | $10,745 |
| 2014 | $535 | $13,187 | $2,566 | $10,621 |
| 2013 | $1,027 | $12,986 | $2,527 | $10,459 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2026 05/14/26 | Price Changed | $1,520,000 | -4.8% | -- | |
| 03/07/2026 03/07/26 | For Sale | $1,596,555 | 0.0% | -- | |
| 06/13/2022 06/13/22 | Rented | $925 | 0.0% | -- | |
| 06/03/2022 06/03/22 | Under Contract | -- | -- | -- | |
| 05/20/2022 05/20/22 | For Rent | $925 | 0.0% | -- | |
| 05/17/2022 05/17/22 | Sold | $65,000 | +1.7% | $108 / Sq Ft | View Prior Sale |
| 04/20/2022 04/20/22 | Pending | -- | -- | -- | |
| 04/18/2022 04/18/22 | For Sale | $63,900 | -- | $107 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $65,000 | Community Title | |
| Warranty Deed | $56,000 | Landstar Title Company | |
| Warranty Deed | $52,500 | First American Title Insuran | |
| Warranty Deed | $48,000 | First County Title Co | |
| Warranty Deed | $38,000 | Professional Title Insurance |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $52,000 | Commercial | |
| Previous Owner | $54,596 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $52,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $38,000 | Commercial | |
| Previous Owner | $95,000 | Commercial | |
| Previous Owner | $30,400 | Commercial |
Source: MARIS MLS
MLS Number: MIS26012429
APN: 04-30-0-309-001
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.