Do Real Estate on the Go!
- Overview
- Description
- Property Details
- Location
Do Real Estate on the Go!
Download App
Deal Alert? 
Street View
$528,000
-- Bed
-- Bath
--sqft
3503 Falling Springs Rd, Cahokia, IL 62206
$528,000
Get Pre-Approved
Multi Family
Built in 1985
$-- HOA
30,492 sqft lot
--/sqft
Description
Excellent value-add multifamily investment opportunity in Cahokia Heights. This property includes two fully occupied apartment buildings on one parcel—offering a total of 11 units. The front building contains 4 units, including a studio and a 1-bedroom, while the rear building features 7 units, all with 2 bedrooms and 1 bathroom. Renovated in 2022, each unit includes modern conveniences such as air conditioning, ceiling fans, eat-in kitchens, and more. All 2025 leases are set at $975/month, supporting a projected gross rental income of $109,008 and an 8.32% CAP rate. Situated in a quiet residential area with 14 off-street parking spaces, screened tenants, and professional...
Continue Reading- Houzeo last checked: 18 Minutes ago
- Listing updated: December 4, 2025 at 12:41 am
- Listing Provided by: Brendan Barone | Kunkel Wittenauer Group, Inc (618) 632-8200
- Source: MARIS MLS-MO | MLS#: MIS25041411
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1985
HOA Fees
-
Finished Area
- sqft
Lot Size
30,492 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS25041411
MLS Status
Active
Days on Market
175
Love this home?
Here's 4 things you can do
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
