For Sale

Listed by Brendan Barone

Source: Mid America Regional Information Systems, Inc. #25041411

3503 Falling Springs Road, Cahokia, IL, 62206

$528,000

0.7 ac.

Other

30+ days on the market

What's around 3503 Falling Springs Road

About this property

Excellent value-add multifamily investment opportunity in Cahokia Heights. This property includes two fully occupied apartment buildings on one parcel—offering a total of 11 units. The front building contains 4 units, including a studio and a 1-bedroom, while the rear building features 7 units, all with 2 bedrooms and 1 bathroom. Renovated in 2022, each unit includes modern conveniences such as air conditioning, ceiling fans, eat-in kitchens, and more. All 2025 leases are set at $975/month, supporting a projected gross rental income of $109,008 and an 8.32% CAP rate. Situated in a quiet residential area with 14 off-street parking spaces, screened tenants, and professional management already in place, this property offers immediate cash flow and long-term potential.

Looking for more information on 3503 Falling Springs Road?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$62,000
306 West 5th Street
Cahokia IL 62206
3
2
3
Other
Listing courtesy of Just Wright Realty
For Sale
$69,000
2335 Jerome Lane
Cahokia IL 62206
3
2
Other
Listing courtesy of Strano & Associates
For Sale
$288,000
1/913 Joliet Drive
Cahokia IL 62206
Other
Listing courtesy of Kunkel Wittenauer Group, Inc

Other properties for sale by Kunkel Wittenauer Group, Inc

Pending
$219,000
409 South Jefferson Avenue
Collinsville IL 62234
2
1
1
Single-Family
Listing courtesy of Kunkel Wittenauer Group, Inc
Pending
$425,000
1411 Sauk Trail
O'Fallon IL 62269
4
4
2
Single-Family
Listing courtesy of Kunkel Wittenauer Group, Inc
For Sale
$114,900
2505 East Main Street
Belleville IL 62221
1
1
1
Single-Family
Listing courtesy of Kunkel Wittenauer Group, Inc

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 14 Jun 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent