Active
164 Eagle Ridge
O'Fallon, IL 62269
$80,000
1 bed · 1 bath · 600 sq ft
Listing office: RE/MAX Alliance
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About this home
***Investor Opportunity!*** This well-maintained 1-bedroom, 1-bath condo in a desirable O’Fallon neighborhood offers the ideal combination of low-maintenance ownership and an established rental income stream. A full one-year lease is already in place with a tenant, providing an immediate investment opportunity without the hassle of finding a tenant. This main-floor end unit offers added privacy and features an inviting living area with a cozy fireplace, in-unit laundry, and a private patio. A dedicated, lockable exterior storage closet provides additional convenience and value for the tenant. Investors will appreciate the community amenities, including a pool and clubhouse, as well as the added peace of mind that comes with major exterior improvements already covered by the HOA. With no yard work or exterior maintenance to manage, this property offers a truly low-maintenance addition to an investment portfolio. The location is another major advantage, with easy access to Scott Air Force Base, shopping, restaurants, and everyday amenities, along with a convenient commute to St. Louis. Just minutes from O'Fallon Family Park. Please note: This property is being offered to investors only due to the existing one-year lease. The current tenant will remain in place through the end of the lease term. A great opportunity to add a tenant occupied, low-maintenance property in a desirable location to your portfolio!
Home facts
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 600 sq ft
- Property type
- Residential · Condominium
- Year built
- 1980
- Subdivision
- Eagle Ridge
- Days on market
- 187
- Listed on
- Mar 6, 2026
- Listing office:
- RE/MAX Alliance, 618-656-2111
- Listing agent:
- Kathryn Clark
- MLS number:
- 26012198
Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com
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MARIS data last updated at October 24, 2026 at 5:45 AM CDT.
Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.