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161-306 Eagle Ridge
O'Fallon IL 62269 US

$1,596,555

Active Listing ID 26012429
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$1,596,555

Active Listing ID 26012429
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161-306 Eagle Ridge 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Roof Type: Shingle
  • Heating Fuels: Forced Air

School Information

  • School
  • OFALLON DIST 90(Elementary)
  • OFALLON DIST 90(MiddleSchool)
  • OFallon(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1596555
  • unparsedaddress: 161-306 Eagle Ridge
  • postalcity: O'Fallon
  • stateorprovince: IL
  • country: US
  • postalcode: 62269
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 38.59046633
  • longitude: -89.92758212
  • listagentfullname: Kevin Beck
  • listagentemail: kevin@choosekwg.com
  • listagentkey: 3yd-MARISMO-KEVIBECK
  • listagentmlsid: KEVIBECK
  • listagentpreferredphone: 6185508762
  • listagentofficephone: 6186328200
  • listofficekey: 3yd-MARISMO-B154
  • listagentstatelicense: 475199000
  • listofficemlsid: B154
  • disclaimer: Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1980
  • listagenturl: https://choosekwg.com/
  • countyorparish: St. Clair
  • parcelnumber: See Supplements
  • elementaryschool: OFALLON DIST 90
  • highschool: OFallon
  • elementaryschooldistrict: O Fallon DIST 90
  • middleorjuniorschooldistrict: O Fallon DIST 90
  • highschooldistrict: O Fallon DIST 90
  • cooling: Central Air
  • constructionmaterials: Brick, Vinyl Siding
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 10
  • parkingfeatures: Carport, Garage
  • roof: Shingle
  • waterfrontyn: False
  • exteriorfeatures: Balcony
  • architecturalstyle: New Traditional
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.92758, 38.590466
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Kunkel Wittenauer Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":7126}], "GeocodeOptions":null, "LeadRoutingEmail":"kevin@choosekwg.com", "ListBrokerageCity":"OFallon", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rental@choosekwg.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Kunkel Wittenauer Group", "ListBrokeragePhone":"(618) 632-8200", "ListBrokeragePostalCode":"62269", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Suite 150", "ListBrokerageUnparsedAddress":"784 Wall Street", "ListBrokerageWebsiteUrl":"https://choosekwg.com/", "ListOfficeAddress1":"3318 N Illinois", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"LANGR", "ListOfficeCity":"Swansea", "ListOfficeCountry":"US", "ListOfficeEmail":"renee@choosekwg.com", "ListOfficePostalCode":"62226", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"5 Family or More, Traditional - O'Fallon, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/161-306-Eagle-Rdg_Ofallon_IL_62269_M94193-08863?f=listhub&s=MARISMO&m=26012429&c=rexren", "MLSModificationTimestamp":"2026-03-20T06:27:38Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"5 Family or More", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/20/2026 2:06:23 PM GMT
Source Updated Date: 3/23/2026 7:13:46 AM GMT

Courtesy of: Kevin Beck, Kunkel Wittenauer Group, Inc, kevin@choosekwg.com

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.