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.
0 Bed
0 Bath
0 sq.ft
$0 per sq.ft
Apartment Style
$ 390,000
Active
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25059710
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not in a subdivision or complex
Mascoutah DIST 19
St Clair-IL
Residential Income
Apartment Style
Residential Income
$8,069
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 |
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