Discover an incredible investment opportunity in Mascoutah, IL! This fully occupied 4-unit complex offers a solid return and consistent rental income. Each spacious unit features 3 bedrooms and 1.5 bathrooms. Unit 1 has been recently updated, showcasing modern finishes, while Unit 4 received updates within the last five years. This ensures a low-maintenance property with appeal for tenants. Located in a thriving community, a vibrant economy, and proximity to Scott Air Force Base, enhancing tenant demand. This property offers stability, growth potential, and immediate cash flow. Don’t miss your chance to own this exceptional property in a high-demand area. Call today to schedule a viewing and secure your spot in Mascoutah’s flourishing real estate market! Buyer to verify all information.
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Listed by: Re/Max Signature Properties • Connie F Kappert • Contact: 618-567-5429
Bought with: Kunkel Wittenauer Group, Inc
$395,000
1975 Nathan Ave, Mascoutah, IL 62258
12beds
4baths
4,560sqft
Multi Family
Built in 1988
-- sqft lot
$380,200 Zestimate®
$87/sqft
$1,703 Estimated rent
Home value
$380,200
$335,000 - $426,000
$1,703/mo
Zestimate® history
Owner options
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$1,703/mo
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$1,703/mo
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$2,782/mo
Est. payment
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$2,782/mo
Est. payment
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Modern finishesSpacious unit
Zillow last checked:
Listing updated:
Listed by:
Connie F Kappert 618-567-5429,
Re/Max Signature Properties
Bought with:
Emily Kasten, 475.205143
Kunkel Wittenauer Group, Inc
Source: MARIS,MLS#: 24076441
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,560
- Total interior livable area: 4,560 sqft
- Finished area above ground: 4,560
Property
Parking
- Parking features: Assigned, Off Street
Features
- Patio & porch: Patio
Lot
- Size: 0.25 Acres
- Dimensions: 120 x 90 x 120 x 90
Details
- Parcel number: 1030.0201008
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick Veneer, Stone Veneer
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: North Towne Sub
Location
- Region: Mascoutah
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $87,665
- Annual tax amount: $6,220
- Date on market: 12/23/2024
- Cumulative days on market: 6 days
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Ownership: Private
- Tenant pays: All Utilities
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2025 | Sold | $395,000$87/sqft |
Source:  MARIS #24076441 Report a problem | ||
| 12/29/2024 | Pending sale | $395,000$87/sqft |
Source: MARIS #24076441 Report a problem | ||
| 12/23/2024 | Listed for sale | $395,000$87/sqft |
Source: MARIS #24076441 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,513 +4.7% | $87,665 +9.4% |
| 2023 | $6,220 +0.8% | $80,118 +9.9% |
| 2022 | $6,171 +1.5% | $72,914 +3.2% |
| 2021 | $6,079 +4.3% | $70,619 +4.1% |
| 2020 | $5,829 +2.3% | $67,837 +2.4% |
| 2019 | $5,697 +2.1% | $66,241 +2.8% |
| 2018 | $5,582 +1.1% | $64,462 +7% |
| 2017 | $5,519 | $60,273 +1.5% |
| 2016 | $5,519 +8.2% | $59,406 +2.3% |
| 2014 | $5,103 +0.3% | $58,047 +1.4% |
| 2013 | $5,087 | $57,223 +1.4% |
| 2012 | -- | $56,439 -15.7% |
| 2011 | -- | $66,930 -0.8% |
| 2010 | -- | $67,470 +1.6% |
| 2009 | -- | $66,401 -12.9% |
| 2008 | -- | $76,239 +8.6% |
| 2006 | -- | $70,192 +8.8% |
| 2005 | $4,241 +6.5% | $64,491 +8.4% |
| 2004 | $3,981 | $59,472 +8.4% |
| 2003 | -- | $54,848 +3.7% |
| 2002 | -- | $52,897 +1.4% |
| 2001 | -- | $52,192 +2.8% |
| 2000 | -- | $50,790 |
Find assessor info on the county website
Neighborhood: 62258
Nearby homes
- $--3 bd1 ba1.5k sqft1975 Nathan Ave #1, Mascoutah, IL 62258Off Market
- $1,6503 bd2 ba1.2k sqft1963 Nathan Ave #D, Mascoutah, IL 62258For Rent
- $249,400-- bd-- ba1.2k sqft1987 Nathan Ave, Mascoutah, IL 62258Off Market
- $--3 bd2 ba-- sqft1975-2 Nathan Ave, Mascoutah, IL 62258Off Market
- $102,5900.25 Acres1963 Nathan Ave, Mascoutah, IL 62258Off Market
- $341,5004 bd3 ba2.9k sqft1168 Windshire Dr, Mascoutah, IL 62258Off Market
- $309,1004 bd3 ba2.9k sqft1164 Windshire Dr, Mascoutah, IL 62258Off Market
- $134,900-- bd-- ba608 sqft1887 Nathan Ave, Mascoutah, IL 62258Off Market
Nearby schools
GreatSchools rating
- 9/10Mascoutah Elementary SchoolGrades: PK-5Distance: 1 mi
- 6/10Mascoutah Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Mascoutah High SchoolGrades: 9-12Distance: 1.2 mi
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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Estimated market value
$380,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$380,200
- Illinois
- Saint Clair County
- Mascoutah
- 62258
- 1975 Nathan Ave
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