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3503 Falling Springs Road, 
Cahokia, IL 62206

$687,500


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Brendan Barone

Kunkel Wittenauer Group, Inc

Last updated:

June 14, 2025, 03:04 PM

MLS#

25041411

Source:

MO MARIS

About This Home

3503 Falling Springs Road

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.

Home Facts

Multi-Family

Built in 1985

Price Summary

687,500

MLS #:

25041411

Last Updated:

June 14, 2025, 03:04 PM


Structure

Structure

Architectural Style:

Traditional

Year Built:

1985


Lot

Lot Size (Sq. Ft):

30,491


Finances & Disclosures

Finances

Price:

$687,500

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Copyright 2025 Mid America Regional Information Systems, Inc. Information from Third Parties, Deemed Reliable but Not Verified. Last Updated June 14, 2025

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