108-110 E Main ST, Mascoutah, IL 62258
108-110 E Main ST, Mascoutah, IL 62258
108-110 E Main ST, Mascoutah, IL 62258
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Kris Yoon

Kris Yoon

+1(314) 520-7980
$400,000
Est. payment /mo
3,838 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,838 sqft

Price per Sqft $104

Subdivision Not In A Subdivision Or Complex

MLS Listing ID 25059710

Style Apartment Style

Year Built 1950

Annual Tax Amount $8,069

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type 2-4 Units

Property Description

Prime mixed-use investment opportunity in the heart of downtown Mascoutah! Located at 108-110 E Main St, this 4-unit property offers immediate income, flexible use, and value-add potential just minutes from Scott Air Force Base. The building includes two leased commercial spaces, one leased residential apartment, and one vacant upstairs residential unit ready for renovation. Current income includes $800/month from a long-term commercial tenant with lease in place through June 2029, $1,300/month from the main-level commercial space leased through October 1, 2028, and $750/month from a month-to-month one-bedroom residential tenant. The vacant two-bedroom apartment offers an opportunity to renovate, increase rental income, or create additional usable space. The updated storefront adds curb appeal and visibility in a downtown setting, making this a strong fit for investors, business owners seeking income-producing space, or buyers looking for a mixed-use property with multiple revenue streams. With established tenants, downtown exposure, proximity to SAFB, and room to add value, this property is positioned for both immediate cash flow and long-term upside.

Location

State IL

County St. Clair

Rooms

Basement Cellar, Storage Space, Sump Pump

Interior

Interior Features High Ceilings, Storage

Heating Forced Air, Natural Gas, Radiant

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Vinyl, Wood

Fireplace N

Exterior

Parking Features false

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected

View Y/N No

Roof Type Asphalt

Building

Story 2

Water Public

Level or Stories Two

Structure Type Brick,Plaster

Schools

Elementary Schools Mascoutah Dist 19

Middle Schools Mascoutah Dist 19

High Schools Mascoutah

School District Mascoutah Dist 19

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Listing As Is, Standard

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Listed by Michaela Patterson • Strano & Associates
Kris Yoon

"As a lifelong resident of St. Louis, local real estate investor and full time professional Realtor, I will provide unparalleled market knowledge, exceptional communication and a focus on your satisfaction."

+1(314) 520-7980

kris@homeinstlouis.com

St Louis, MO, USA

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