Active
  • Listing Provided by: 

    Michaela Patterson 618-795-4701,

    Strano & Associates,

    Stacey Lacroix 618-407-4156,

    Strano & Associates

    $450,000

    108-110 E Main St, Mascoutah, IL 62258

    3beds
    2baths
    3,838sqft
    : 
    Multi Family, Apartment
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $117/sqft
    $-- HOA

    What's special

    Spacious two-bedroom apartment
    108-110 E Main St - a unique investment opportunity in the heart of downtown Mascoutah! This mixed-use 4-plex offers multiple income streams with plenty of upside potential. Two of the four units are currently occupied, with a long-term commercial tenant paying $950 per month and a one-bedroom residential tenant paying $750 per month. The main-level commercial space currently rented for $1,300 per month (3-year lease starting Oct-1,2025), and upstairs you'll find a spacious two-bedroom apartment ready for remodel - the perfect chance to add value and increase income ($1000+). With its prime location, strong rental history, and room for improvement, this property is an ideal fit for investors or an owner-occupant looking to build multiple streams of income. Potential for owner occupied!
    22 days
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    351
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