USAILO FallonEagle Rdg Condos Ph 1 Bldg #16161-306 Eagle Rdg
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$1,596,555

For Sale

2 days ago

161-306 Eagle Rdg, O Fallon, IL

MLS® 26012429

0 Bed

0 Bath

--

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage Yes
HOA Fees $11,111,111,000
Taxes 
Days Active 1
Approx. Age 1980
MLS® Number 26012429

Property Address: 161-306 Eagle Rdg, O Fallon, IL, 62269-1918

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to acquire a 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 15 of 17 units are occupied with rents at or slightly above market, generating $233, 400 in annual gross income. 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.
MLS® Number26012429
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelMain Level
Exposure
Exterior
GarageYes
Approx. Age1980
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 5, 2026List Date
$1,596,555List Price
  • Commute

Commute

Starting Address
Destination Address
161-306 Eagle Rdg, O Fallon, IL

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