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108-110 E Main Street, Mascoutah, IL 62258

$425,000
  • 108-110 E Main Street, Mascoutah, IL 62258 Main Photo

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Active
MLS#25059697
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONnot in a subdivison

Property Description

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 spacecurrently 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!

108-110 E Main Street | MLS# 25059697

This commercial property located at 108-110 E Main Street, Mascoutah, IL 62258 is currently listed for sale with an asking price of $425,000. Search Mascoutah real estate on www.gogambino.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air, Wall/Window Unit(s)
Heating: Forced Air, Natural Gas, Radiant
Lot Size: 0.06 Acres
Taxes: $8,069
Year Built: 1900

Feature Descriptions

Current Use: Mixed Use, Multi-Family, Retail, See Remarks
Days on Site: 189
Electric: Ameren
Exterior: Brick, Plaster
Parcel#: 10-32.0-145-005
Road Frontage: City Street
Road Surface: Concrete
Water: Public

Listed By / Shown By

Listed By

Agency Name: Strano & Associates

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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