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$675,000   Price Analysis
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601 White Oak Dr
O'Fallon, IL 62269
Unknown bed None bath 4,608 SqFt ($146/SqFt)
0.69 acre lot. Built 1976
Listed 2024-02-02		Ⓧ USDA Ineligible
due to location
near OFallon

These 2

4-plex buildings are a tremendus investment opportunity (8 units in all). Each unit is 2 bedroom 1.5 bathrooms. Each tenant pays all utilities. Most units have been recently renovated.This parcel includes rear vacant land sufficient and originally platted to build an additional 4-unit building.

It also includes front and side parking spaces, comprising the majority of spaces on the lot and meeting minimum parking requirements for future/originally planned building. This property is centrally located with easy access to public transportation. Great buildings for any investor to add to their portfolio!


Presented by Jan Fiss at
Nester Realty.


Property MLS #23020524 from MARIS

Laundry Facilities: Lndry Connect all Un

Cooling Features: Central-Electric
Heating Features: Forced Air
Heating Fuel: Gas
Water Heaters: Gas

Furnished Description: Building & Land

Lot Size Acres: 0.69
Lot Size Dimensions: irregular
Lot Size Source: County Records
Lot Size Square Feet: 30056

Parking Features: Parking Lot

Elementary School: OFALLON DIST 90
High School: OFallon
Middle School: OFALLON DIST 90
School District: O Fallon DIST 90

Marie Schaefer Elementary School is a public elementary school located approximately 0.7 miles away.
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O Fallon High School is a public high school located approximately 1 miles away.
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Fulton Jr High School is a public middle school located approximately 1.4 miles away.
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New Enterprise Academy is a private elementary school located approximately 0.3 miles away.
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Gross Income: 69960.00
Tenant Pays: All Utilities

Number of Units: 8

Annual Tax Amount: 10210
Source Listing Status: Active
County: St Clair-IL
Tax Year: 2021
Source Property Type: Multi-Family 5+
Source Neighborhood: FAIRWOOD WEST 3RD ADD
Property Location: City
Subdivision: FAIRWOOD WEST 3RD ADD
Property Subtype: Apartment Complex
Source System Name: C2C

Listed 2024-02-02
$675,000
MARIS

Net Operating Income: 54021.00

Total Square Feet Living: 4608
Year Built: 1976
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Property Age: 48
Total Above Grade Sqft Area: 4608
Architectural Style: Low/1-2

Sewer: Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.