Single Family for Sale: 202 S 2nd Street, O'Fallon, IL 62269

2 beds
1 full, 1 half baths
1,488 sqft
$90,000
$90,000
202 S 2nd Street, O'Fallon, IL 62269
2 beds
1 full, 1 half baths
1,488 sqft
$90,000
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Price:
$90,000
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Type Single Family
Style 1.5 Story
Architecture Other
Beds 2
Total Baths 1 full, 1 half baths
Total Living Area 1,488 sqft
Square Footage 1,488 sqft
Lot Size 0.24 acres
Year Built 1907
Taxes Paid $2,918
City O'Fallon
County St Clair-IL
School District Shiloh Village DIST 85
Subdivision Helms Assessment
MLS 24062624
Status Active Under Contract
DOM 15 days
This rental property is a great investment opportunity. It is currently rented for $855/month and has long-term tenants of 10+ years. The lease is in place through July 2025. The home offers one bedroom on the main level, along with a living room, dining room, kitchen, and a full bathroom. Upstairs, you'll find another bedroom, a half bath, and a bonus room used as a third bedroom. Please note that no interior photos are available due to tenants' rights. The property is being sold in **as-is** condition, with repairs and updates needed once the tenants vacate. Estimated after-repair value (ARV) ranges between $130K and $150K, conservatively. The seller has an assumable mortgage rate of 4.12% with Wells Fargo, offering a potential financing advantage for buyers. Please do not disturb tenants. No Showings will be allowed until a conditional offer is accepted.

Room Features

Main Level Full Baths 1
Upper Level Half Baths 1
Basement Description Block, Unfinished
Dining Description Separate Dining

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range, Microwave
Architecture Other
Construction Aluminum Siding
Cooling Ceiling Fan(s), Wall/Window Unit(s), Electric
Heat Source Gas
Heating Forced Air
Interior Decor Historic/Period Mlwk, Window Treatments, Some Wood Floors
Parking Description Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 75x125 ft
Fireplace Locations None

Community and Schools

Elementary School SHILOH VILLAGE DIST 85
Junior High School SHILOH VILLAGE DIST 85
Senior High School OFallon

Price History of 202 2nd Street, O'Fallon, IL

Date Name Price Difference
10/03/2024 Listing Price $90,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Steven Friedman
Office
3220 Pine Cliff Rd
Wildwood, MO 63038
314-616-9526
Listed by Red Door Realty Group Inc, Courtney Marsh & Caleb Marsh
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202 2nd Street (MLS #24062624) is a 1.5 story single family home located in O'Fallon, IL. This single family home is 1,488 sqft and on a lot of 10,454 sqft (or 0.24 acres) with 2 bedrooms, 2 baths and is 117 years old. This property was listed on 10/02/2024 and has been priced for sale at $90,000.

Nearby zip codes are 62208, 62220, 62221, 62226 and 62254. This property neighbors other cities such as Belleville, Fairview Heights, Lebanon, Shiloh and Swansea.

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Listing information courtesy of: Red Door Realty Group Inc

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