View of apartment building / complex with stairway
Community pool featuring a patio
Kitchen with a skylight, stainless steel appliances, wood finish cabinets, light countertops, and pendant lighting
Unfurnished living room with a glass covered fireplace and a skylight
Unfurnished bedroom featuring carpet floors and a closet
Unfurnished room with carpet flooring and baseboards
Bathroom with vanity, dark wood-style flooring, and shower combination
Kitchen featuring black appliances, light countertops, wood finish cabinets, decorative light fixtures, and a high ceiling
Unfurnished living room featuring a tile fireplace, carpet flooring, and ceiling fan
View of balcony
Kitchen with black appliances, wood finish cabinetry, light colored carpet, vaulted ceiling with beams, and ceiling fan
Unfurnished living room featuring light colored carpet, a ceiling fan, beam ceiling, a glass covered fireplace, and suspended lighting
Kitchen featuring dark countertops, a skylight, light carpet, black appliances, and open floor plan
Spare room featuring carpet and vaulted ceiling
Full bathroom featuring vanity, shower / tub combination, and light tile patterned flooring
Laundry area with light tile patterned flooring and stacked washing machine and dryer
Unfurnished living room featuring ceiling fan, a tiled fireplace, and light carpet
Bathroom featuring vanity
View of wooden deck
Kitchen featuring freestanding refrigerator, wood finish cabinets, light countertops, and light tile patterned floors
Map / location
Price Improvement!! Exceptional opportunity to acquire a fully-leased, 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently, all 17 units are occupied. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention. Ideally located just one block from the intersection of Highway 50 and North Greenmount Road with quick access to Interstate 64. The property is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis, positioning it well for consistent rental demand. HOA-managed exteriors help reduce owner maintenance responsibilities, covering exterior building maintenance with the exception of windows and doors. Many roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated. Portfolio discount available for full-package acquisition, with additional pricing incentives for multi-unit purchases. Ideal for 1031 exchange buyers or investors seeking scalable residential income in a stable Metro East market. Seller prefers sale of the entire portfolio; however, individual or multi-unit purchases may be considered. A portfolio discount has been applied to the full package listing price.
0 Bed
0 Bath
0 sq.ft
$0 per sq.ft
Traditional
$ 1,520,000
Active
0
26012429
0
0
Eagle Rdg Condos Ph 1 Bldg #16
O Fallon DIST 90
St Clair-IL
Residential Income
Traditional
Residential Income
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 407 S Oak Street, O'Fallon, IL 62269 | 2/1 | 1,132 | $218,800 | $225,000 102.8% of ask |
Sep 14, 2026 |
| 900 Belpre Drive, O'Fallon, IL 62269 | 4/3 | 2,666 | $377,500 | $372,000 98.5% of ask |
Sep 14, 2026 |
| 417 Marbleton Circle, O'Fallon, IL 62269 | 3/3 | 2,032 | $515,000 | $526,000 102.1% of ask |
Sep 14, 2026 |
| 22 Brandonwood Drive, O'Fallon, IL 62269 | 5/3 | 2,970 | $389,900 | $385,000 98.7% of ask |
Sep 14, 2026 |
| 507 S Smiley Street, O'Fallon, IL 62269 | 3/2 | 1,826 | $235,000 | $240,875 102.5% of ask |
Sep 11, 2026 |
| 905 Phillip Court, O'Fallon, IL 62269 | 4/3 | 2,997 | $409,900 | $414,000 101% of ask |
Sep 11, 2026 |
Estimate your monthly payment. Adjust the sliders below.
Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.
Welcome to 505 N Lincoln Avenue, a charming historic home nestled in the heart of O’Fallon. Rich in character and timeless appeal, this unique property blends the charm of an established home with an exciting opportunity to make it your own. One of the home’s standout features is the spacious unfinished loft area, offering exceptional potential for future expansion. Envision transforming this space into a private primary suite complete with a luxurious full bath and walk-in closet—creating a 3-bedroom, 2-bath home while adding valuable finished living space. Whether you choose to complete the loft now or personalize it over time, the possibilities are impressive. The location is equally appealing. Just minutes from vibrant Downtown O’Fallon, enjoy convenient access to local restaurants, shopping, schools, parks, community events, and everyday amenities. Scott Air Force Base and major roadways are also within easy reach, providing convenient access throughout the Metro East and to St. Louis. With its historic character, desirable O’Fallon location, and outstanding potential for additional finished space, 505 N Lincoln Avenue is a home filled with charm, opportunity, and possibilities. Come see all this special property has to offer!
Affordable, charming, and full of opportunity in the heart of O’Fallon! This adorable one-bedroom ranch offers the perfect combination of updated living, a spacious 1/3-acre setting, and an exceptional location just a few blocks from all that downtown O’Fallon has to offer. Tucked beneath beautiful mature trees, this cozy home offers a surprisingly spacious outdoor setting that is ideal for relaxing, gardening, entertaining, or simply enjoying the privacy and character that comes with a well-established yard. The partially fenced backyard includes a detached shed that provides excellent storage and could make a great workshop or hobby space. Inside, wood laminate flooring flows throughout the home. The updated kitchen features newer white cabinetry and includes all appliances, opening directly to the comfortable family room with an electric fireplace. The primary bedroom is conveniently located just off the family room and also features wood laminate flooring. The refreshed 3/4 bath includes the washer and dryer, which remain with the home. Recent major updates include a NEW ROOF and NEW AC (not furnace), providing valuable peace of mind for the next owner. For buyers seeking affordability without giving up yard space or location, this property is a rare find. Investors take note: the home also offers excellent investment potential, with verifiable rental data available to help evaluate its income-producing possibilities. Whether you're looking for an affordable home in a convenient location, a low-maintenance property with a large yard, or an investment opportunity, this charming O’Fallon cottage is worth a closer look. Conveniently located near downtown O’Fallon, shopping, dining, parks, and everyday amenities—this is small-home living with a big-yard feel and plenty of potential. Buyer to verify all information.
This one-owner home has been exceptionally well cared for and truly looks and feels like new! The split-bedroom floor plan offers a great combination of open living space and privacy. The great room features a gas fireplace with floating shelves on either side and a beautiful wall of windows overlooking the backyard. The kitchen is the heart of the home with a large center island, stainless appliances, gas range and plenty of workspace. Just off the entry, the dining room features 11' ceilings and floor-to-ceiling windows, offering flexible space for a sitting room or office. The spacious primary suite includes a beautiful bath with double vanity and large shower with a transom window, plus a custom closet system by St. Louis Closet Company with lots of built-in drawers and a lifetime warranty. The partially finished lower level gives you even more room to spread out with a 4th bedroom, bathroom and rec room, while still leaving plenty of unfinished space for storage. Outside, enjoy the beautifully landscaped backyard, large concrete patio and pergola added in 2021. Other highlights include a 3-car garage, large main-floor laundry room, newer refrigerator and oven, and an upgraded architectural-shingle roof installed in 2025. Immaculate, move-in ready and obviously loved from day one!
