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164 Eagle Ridge, O'Fallon, IL, 62269

***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!

Subdivision: Eagle Ridge

List Price

$ 80,000

Status

Active

Days on market

0

MLS#

26012198

Bedrooms

1

Full baths

1

Sq. Ft. Above

600

Subdivision

Eagle Ridge

Municipality

O'Fallon

School District

O Fallon DIST 90

County

St Clair-IL

Property Type

Residential

Style

Other

Type

Residential

Additional Information

Property Tax (2024)

$1,435

Recent Nearby Sales in 62269

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
958 Holyoke Drive, Shiloh, IL 62269 3/2 1,185 $246,000 $246,000
100% of ask
Sep 9, 2026
102 KARL Place, O'Fallon, IL 62269 2/1 742 $1,100 $1,100
100% of ask
Sep 8, 2026
931 Saint Clair Street, O'Fallon, IL 62269 2/1 864 $75,000 $60,000
80% of ask
Sep 4, 2026
1112 Danzig Drive, O'Fallon, IL 62269 4/3 2,128 $325,000 $320,000
98.5% of ask
Sep 4, 2026
314 E 3rd Street, O'Fallon, IL 62269 2/1 728 $54,900 $50,000
91.1% of ask
Sep 4, 2026
1584 Sinking Springs Drive, O'Fallon, IL 62269 3/3 1,976 $440,000 $441,000
100.2% of ask
Sep 4, 2026

Price & Listing History

Listed for sale
Mar 6, 2026 at $80,000
Current status: Active
As of Aug 25, 2026 · $80,000

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