Turnkey cash-flow opportunity with immediate income in place! This professionally managed 3-bedroom, 1-bath ranch has just been leased at $850/month with a tenant scheduled to move in on 6/22, making this an ideal low-hassle addition to any investment portfolio. Major capital improvements have already been completed, including a brand-new furnace, new A/C unit, and a new water heater being installed this week. The roof is only two years old, significantly reducing near-term maintenance concerns and helping protect long-term returns. The City of Cahokia has already granted the occupancy certificate, offering additional peace of mind for the next owner. The home features a functional layout with a spacious living area, eat-in kitchen, and a large detached garage that adds strong tenant appeal through additional storage, workshop potential, or secure parking. Situated on a generous lot, the property offers the kind of practical features renters consistently seek, supporting long-term occupancy and stable performance. Investors will appreciate the combination of immediate cash flow, professional management already in place through Christone Property Management, and recent mechanical updates that help minimize deferred maintenance expenses. Properties in this price range continue to see strong rental demand, making this an attractive option for both seasoned investors and those looking to enter the rental market with a stabilized asset. Conveniently located near major roadways, shopping, and everyday amenities, this property checks the boxes for affordability, functionality, and dependable income potential.
3 Beds
1 Bath
960 sq.ft
$0 per sq.ft
Ranch
$ 69,900
Active
0
26016988
3
1
960
NEW HARVEST ACRES
Cahokia
Cahokia DIST 187
St Clair-IL
Residential
Ranch
Residential
$2,348
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 49 Saint Gregory Drive, Cahokia, IL 62206 | 4/1 | 1,305 | $60,000 | $43,500 72.5% of ask |
Sep 4, 2026 |
| 23 Leonard Drive, Cahokia, IL 62206 | 3/1 | 936 | $95,000 | $100,000 105.3% of ask |
Sep 1, 2026 |
| 805 E 5th Street, Cahokia, IL 62206 | 3/1 | 888 | $59,900 | $61,000 101.8% of ask |
Aug 25, 2026 |
| 1700 Theodore Lane, Cahokia, IL 62206 | 3/1 | 1,216 | $105,000 | $105,000 100% of ask |
Aug 20, 2026 |
| 329 Adele Avenue, Cahokia, IL 62206 | 2/1 | 711 | $100,000 | $100,000 100% of ask |
Aug 20, 2026 |
| 22 School Street, Cahokia, IL 62206 | 2/1 | 864 | $100,000 | $100,000 100% of ask |
Aug 20, 2026 |
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Welcome home to this beautiful, well-maintained 3-bedroom, 2-bath home offering plenty of space and comfort! The spacious eat-in kitchen features abundant counter space and is perfect for everyday meals and entertaining. Enjoy a large family room, convenient main-level laundry, and an attached garage. Outside, you’ll find a fully fenced yard with a storage shed, providing plenty of room for outdoor activities, pets, and additional storage. Conveniently located within approximately 20 minutes of downtown St. Louis, with easy access to shopping, dining, and major roadways. This move-in-ready home is one you won’t want to miss!
More space, more possibilities, and a lot that may surprise you! This 3-bedroom, 1.5-bath home offers beautiful flooring, stylish finishes and a gorgeous updated kitchen with abundant cabinetry, counter space and an oversized island made for gathering. One bedroom is currently styled as a sitting room, with access to an impressive upper attic/loft area offering flexible bonus space for an office, hobby room, play area, storage and more. A separate laundry area adds everyday convenience. Step outside to a huge deck and an expansive lot with room to spread out! And what you see inside the fenced yard isn’t all you get—the property continues well beyond the rear fence, offering an impressive amount of additional outdoor space and possibilities for the next owner. Ample off-street parking and a front entry ramp add even more convenience. Property is being sold As-Is, allowing the next owner to make it their own while enjoying many of the updates already in place. With flexible living space, an updated interior and an unusually generous lot, this is one you’ll want to see in person. Schedule your showing today! Information deemed reliable but not guaranteed. Buyer and buyer’s agent to independently verify all information, including square footage, room count, lot size and boundaries, property features, permitted uses and all other material facts.
