108-110 E Main St, Mascoutah, IL 62258

Sqft
3,838

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byStrano & Associates
  • 2
  • 0

Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
2
Square feet
3,838
Lot size (acres)
0.07
Year built
1950

Interior features

Basement
Yes

Utilities

Heating
Radiant, Natural Gas, Forced Air
Cooling
Wall/window unit(s), Central Air
Water
Public Water

Taxes

Tax Annual Amount (2024)
$8,069

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MARIS MLS MLS®#: 25059710 Last checked:

Based on information submitted to the MLS GRID as of . 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.