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.
Listed By
Agency Name: Strano & Associates
Shown By
Agent Name: Kathy Heeren-Ellis
Agent Phone: (815) 708-4061
Agency Title: Gambino Realtors
Estimated Payment
$ 2,606.01 per month $1,816.92 Principal & Interest $672.42 Property Tax $116.67 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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108-110 E Main Street | MLS# 25059710
This multi-family property located at 108-110 E Main Street, Mascoutah, IL 62258 is currently listed for sale with an asking price of $400,000. 108-110 E Main Street is located within the Mascoutah DIST 19 school district. Search Mascoutah real estate on kellis.gogambino.com today.