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108-110 E Main Street, Mascoutah, IL, 62258

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.

Subdivision: not in a subdivision or complex

List Price

$ 390,000

Status

Active

Days on market

0

MLS#

25059710

Bedrooms

0

Full baths

0

Subdivision

not in a subdivision or complex

School District

Mascoutah DIST 19

County

St Clair-IL

Property Type

Residential Income

Style

Apartment Style

Type

Residential Income

Additional Information

Property Tax (2024)

$8,069

Recent Nearby Sales in 62258

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
164 Falling Leaf Way, Mascoutah, IL 62258 3/2 2,008 $274,900 $284,000
103.3% of ask
Aug 14, 2026
320 Adam Court, Mascoutah, IL 62258 4/4 2,529 $379,500 $375,000
98.8% of ask
Aug 12, 2026
416 Falling Leaf Way, Mascoutah, IL 62258 3/3 1,920 $250,000 $254,000
101.6% of ask
Aug 12, 2026
603 Mortar Street, Mascoutah, IL 62258 4/3 1,836 $495,000 $495,000
100% of ask
Aug 12, 2026
406-408 N County Road, 406-408, Mascoutah, IL 62258 0/0 1,560 $245,000 $200,000
81.6% of ask
Aug 11, 2026
261 Aaron Court, 1 & 2, Mascoutah, IL 62258 0/0 1,680 $312,500 $200,000
64% of ask
Aug 11, 2026

Price & Listing History

Listed for sale
Sep 5, 2025 at $400,000
Price reduced by $10,000 (2.5%)
From $400,000 to $390,000
Current status: Active
As of Aug 26, 2026 · $390,000

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