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108-110 E Main Street, 
Mascoutah, IL 62258

$400,000


Bed


Bath


3,838

Sq Ft


Multi-Family

Active

Listed by

Michaela Mendez

Strano & Associates

Last updated:

August 22, 2026, 03:37 PM

MLS#

25059710

Source:

MO MARIS

About This Home

108-110 E Main Street

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.

Home Facts

Multi-Family

Built in 1950

Subdivision & Development:

not in a subdivision or complex

Price Summary

400,000

$104 per Sq. Ft.

MLS #:

25059710

Last Updated:

August 22, 2026, 03:37 PM

Added:

a year ago


Rooms & Interior

Interior

Living Area:

3,838 Sq. Ft.


Structure

Structure

Architectural Style:

Apartment Style

Year Built:

1950


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$400,000

Price per Sq. Ft:

$104 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.