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    • Listed by: Strano & Associates • Michaela Mendez • Contact: 618-795-4701
    Price cut: $10K (5/14)
    $400,000

    108-110 E Main St, Mascoutah, IL 62258

    3beds
    2baths
    3,838sqft
    : 
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    Multi Family, Apartment
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $104/sqft
    $-- HOA

    What's special

    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.
    315 days
    |
    303
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michaela Mendez 618-795-4701,

    Strano & Associates

    Source: MARIS,MLS#: 25059710MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Forced Air, Natural Gas, Radiant
      Cooling
      • Central Air, Wall/Window Unit(s)
      Features
      • High Ceilings, Storage
      • Flooring: Carpet, Vinyl, Wood
      • Doors: Panel Door(s)
      • Windows: Double Pane Windows
      • Basement: Cellar,Storage Space,Sump Pump
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,838 sqft
      • Finished area above ground: 3,838

      Property

      Parking
      • Parking features: Asphalt
      Features
      • Levels: Two
      Lot
      • Size: 3,049 Square Feet
      Details
      • Parcel number: 1032.0145004
      • Special conditions: Listing As Is,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Apartment Style
      • Property subtype: Multi Family, Apartment
      Materials
      • Brick, Plaster
      • Foundation: Combination
      • Roof: Asphalt
      Condition
      • Year built: 1950

      Utilities & green energy

      • Electric: Ameren
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected

      Community & HOA

      Community
      • Security: Fire Alarm
      • Subdivision: Not In A Subdivision Or Complex
      HOA
      • Has HOA: No
      Location
      • Region: Mascoutah

      Financial & listing details

      • Price per square foot: $104/sqft
      • Annual tax amount: $8,069
      • Date on market: 9/5/2025
      • Cumulative days on market: 315 days
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Inclusions: Building
      • Electric utility on property: Yes
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/14/2026Price change$400,000-2.4%$104/sqft
        Source: MARIS #25059710 Report a problem
        4/20/2026Price change$410,000-3.5%$107/sqft
        Source: MARIS #25059710 Report a problem
        12/29/2025Price change$425,000-5.6%$111/sqft
        Source: MARIS #25059710 Report a problem
        9/5/2025Listed for sale$450,000$117/sqft
        Source: MARIS #25059710 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 62258

        Getting around

        71 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mascoutah Dist 19
        • Middle: Mascoutah Dist 19
        • High: Mascoutah

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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