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108-110 E Main Street, Mascoutah, IL, 62258

Prime mixed-use investment opportunity in the heart of downtown Mascoutah! Located at 108-110 E Main St, this 4-unit property offers immediate income, flexible use, and value-add potential just minutes from Scott Air Force Base. The building includes two leased commercial spaces, one leased residential apartment, and one vacant upstairs residential unit ready for renovation. Current income includes $800/month from a long-term commercial tenant with lease in place through June 2029, $1,300/month from the main-level commercial space leased through October 1, 2028, and $750/month from a month-to-month one-bedroom residential tenant. The vacant two-bedroom apartment offers an opportunity to renovate, increase rental income, or create additional usable space. The updated storefront adds curb appeal and visibility in a downtown setting, making this a strong fit for investors, business owners seeking income-producing space, or buyers looking for a mixed-use property with multiple revenue streams. With established tenants, downtown exposure, proximity to SAFB, and room to add value, this property is positioned for both immediate cash flow and long-term upside.

Subdivision: not in a subdivison

List Price

$ 390,000

Status

Active

Days on market

0

MLS#

25059697

Bedrooms

0

Full baths

0

Subdivision

not in a subdivison

County

St Clair-IL

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Property Tax (2024)

$8,069

Recent Nearby Sales in 62258

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
312 S 5th Street, Mascoutah, IL 62258 4/2 1,092 $265,000 $265,000
100% of ask
Sep 1, 2026
1120 GULFSTREAM WAY, Mascoutah, IL 62258 4/3 2,500 $2,850 $2,850
100% of ask
Aug 29, 2026
524 Falling Leaf Way, Mascoutah, IL 62258 4/3 2,740 $350,000 $350,000
100% of ask
Aug 28, 2026
618 E Main Street, Mascoutah, IL 62258 3/2 1,524 $293,500 $293,500
100% of ask
Aug 28, 2026
10 Michelle Drive, Mascoutah, IL 62258 3/2 1,763 $315,000 $315,000
100% of ask
Aug 26, 2026
2186 Nathan Avenue, Mascoutah, IL 62258 3/2 1,416 $240,000 $240,000
100% of ask
Aug 26, 2026

Price & Listing History

Listed for sale
Sep 5, 2025 at $400,000
Price reduced by $10,000 (2.5%)
From $400,000 to $390,000
Current status: Active
As of Aug 26, 2026 · $390,000

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