BEDS0
BATHS
MLS#25059710
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONnot in a subdivision or complex
SCHOOLMascoutah DIST 19
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 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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Cellar, Storage Space, Sump Pump
Cooling: Central Air, Wall/Window Unit(s)
Heating: Forced Air, Natural Gas, Radiant
Home Style: Apartment Style
Lot Size: 0.07 Acres
Roof Type: Asphalt
Taxes: $8,069
Year Built: 1950
Amenities
High Ceilings
Storage
Feature Descriptions
Days on Site: 189
Exterior: Brick, Plaster
Parcel#: 10-32.0-145-004
Parking: Asphalt
Parking Notes: Asphalt
SQFT. Above Grade: 3838
Units: 4
Water: Public
Window: Double Pane Windows
Local Schools
High School: Mascoutah
Middle School: MASCOUTAH DIST 19
Elementary School: MASCOUTAH DIST 19
School District: Mascoutah DIST 19
Listed By / Shown By
Listed By
Agency Name: Strano & Associates
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimate Your Payment
Estimated Payment
$ 2,726.86 per month $1,930.48 Principal & Interest $672.42 Property Tax $123.96 Homeowner's Insurance
108-110 E Main Street | MLS# 25059710
This multi-family property located at 108-110 E Main Street, Mascoutah, IL 62258 is currently listed for sale with an asking price of $425,000. 108-110 E Main Street is located within the Mascoutah DIST 19 school district. Search Mascoutah real estate on www.gogambino.com today.