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164  Eagle Ridge

164 Eagle Ridge

O'Fallon, IL 62269

For Sale MLS# 26012198 191 days on market

$80,000

$133 / sq ft

📞 Call George to schedule a showing — 618-531-4000

1

Bedrooms

1

Bathrooms

600

Sq Ft Above Grade

About This Property

***Investor Opportunity!*** This well-maintained 1-bedroom, 1-bath condo in a desirable O’Fallon neighborhood offers the ideal combination of low-maintenance ownership and an established rental income stream. A full one-year lease is already in place with a tenant, providing an immediate investment opportunity without the hassle of finding a tenant. This main-floor end unit offers added privacy and features an inviting living area with a cozy fireplace, in-unit laundry, and a private patio. A dedicated, lockable exterior storage closet provides additional convenience and value for the tenant. Investors will appreciate the community amenities, including a pool and clubhouse, as well as the added peace of mind that comes with major exterior improvements already covered by the HOA. With no yard work or exterior maintenance to manage, this property offers a truly low-maintenance addition to an investment portfolio. The location is another major advantage, with easy access to Scott Air Force Base, shopping, restaurants, and everyday amenities, along with a convenient commute to St. Louis. Just minutes from O'Fallon Family Park. Please note: This property is being offered to investors only due to the existing one-year lease. The current tenant will remain in place through the end of the lease term. A great opportunity to add a tenant occupied, low-maintenance property in a desirable location to your portfolio!

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Property Details

MLS#26012198
StatusFor Sale
Property TypeResidential
Property Sub-TypeCondominium
Year Built1980
LevelsOne
Bedrooms1
Bathrooms Full1
Sq Ft Above Grade600
SubdivisionEagle Ridge
BasementNone
Fireplaces1
HeatingOther
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer
HOA Fee$457 / Monthly
Annual Taxes$1, 435 (2024)
Elementary SchoolOFALLON DIST 90
Middle SchoolOFALLON DIST 90
High SchoolOFallon

Listing History

Listed: March 6, 2026 (191 days on market)

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Brokered by RE/MAX Alliance Broker Reciprocity MARIS