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O'Fallon, IL, 62269 • 62269 • Saint Clair County
$56/sqft
2Beds
2Baths
1,488Sqft
0.24 acLot
1907Built
Traditional,Other Style
Built 1907 · 119 years of history
Helms Assessment
62269
Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 516 days ago · 3 views
Demand and pricing signals for this listing
3 views
People checking out this listing
516 days on market
Established listing
$56/sqft
Price per square foot
This home ranks in the top 25% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1907 · Historic
This rental property is a great investment opportunity. It is currently rented for $855/month and has long-term tenants of 10+ years. The lease is in place through July 2025. The home offers one bedroom on the main level, along with a living room, dining room, kitchen, and a full bathroom. Upstairs, you'll find another bedroom, a half bath, and a bonus room used as a third bedroom. Please note that no interior photos are available due to tenants' rights. The property is being sold in **as-is** condition, with repairs and updates needed once the tenants vacate. Estimated after-repair value (ARV) ranges between $130K and $150K, conservatively. The seller has an assumable mortgage rate of 4.12% with Wells Fargo, offering a potential financing advantage for buyers. Please do not disturb tenants. No Showings will be allowed until a conditional offer is accepted.
Based on current rates
Est. 6.75% rate · 30yr fixed · $66,400 loan
Full calculator →Key facts and listing details
10 categories of property features
Market data and value estimates
3 schools rated nearby
O'Fallon, IL, 62269
10 events
22 years of records
Local context around this listing
O'Fallon, IL • Saint Clair County
Nearby cities
Nearby zip codes
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