Listed by Michaela Mendez, Strano & Associates, (618) 795-4701
$390,000
Original price: $400,000
- 3 Beds
- 2 Baths
- 3,838 sqft
108-110 E Main St, Mascoutah, IL 62258
Est. Mortgage $2,792/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1950
$102/sqft
Local Information
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About this House
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 Details for 108-110 E Main St
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Interior Details Basement: Cellar,Storage Space,Sump Pump |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2 |
Dimensions and Layout Living Area: 3838 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected |
Heating & Cooling Heating: Forced Air,Natural Gas,RadiantHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: AmerenHas Electric on Property |
Windows, Doors, Floors & Walls Window: Double Pane WindowsDoor: Panel Door(s)Flooring: Carpet, Vinyl, Wood |
Levels, Entrance, & Accessibility Levels: TwoFloors: Carpet, Vinyl, Wood |
Security Security: Fire Alarm |
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Exterior Home Features Roof: AsphaltFoundation: Combination |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Asphalt |
Frontage Road Frontage: City StreetRoad Surface Type: Concrete |
Finished Area Finished Area (above surface): 3838 Square Feet |
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Cumulative Days on Market: 355Days on Market: 180+ |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentStructure Type: Apartment BuildingArchitecture: Apartment Style |
Building Construction Materials: Brick, Plaster |
Property Information Included in Sale: BuildingParcel Number: 1032.0145004 |
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Price List Price: $390,000Price Per Sqft: $102 |
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MLS Status: Active |
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Direction & Address City: MascoutahCommunity: Not In A Subdivision Or Complex |
School Information Elementary School: Mascoutah Dist 19Jr High / Middle School: Mascoutah Dist 19High School: MascoutahHigh School District: Mascoutah DIST 19 |
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Listing Agent Listing ID: 25059710 |
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Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA |
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Lot Area: 3049.2 sqft |
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Special Conditions: Listing As Is, Standard |
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Listing Terms: 1031 Exchange, Cash, Conventional |
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BasementMls Number: 25059710Above Grade Unfinished Area: 3838Showing Requirements: Appointment Only, Lockbox, Vacant |
Around this home
What Locals Say about Mascoutah
At least 63 Trulia users voted on each feature.
93 % Say it's dog friendly
91 % Say parking is easy
87 % Say people would walk alone at night
87 % Say there's holiday spirit
86 % Say yards are well-kept
85 % Say kids play outside
75 % Say there are sidewalks
75 % Say car is needed
73 % Say it's walkable to restaurants
72 % Say it's quiet
71 % Say it's walkable to grocery stores
63 % Say streets are well-lit
62 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
50 % Say there are community events
44 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Mascoutah
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
27
3MoM
Home Value
Trulia Estimate
$368KSince last month
Decreased$400 (-0.1%)Since last year
Decreased$65K (-14.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -15% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $368K |
| August 2026 | $368K |
| July 2026 | $383K |
| June 2026 | $382K |
| May 2026 | $386K |
| April 2026 | $393K |
| March 2026 | $401K |
| February 2026 | $400K |
| January 2026 | $405K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Multi-Family Home | $180,000 | 04/28/26 | 3 | 2 | 2,240 | |
1.36 | Multi-Family Home | $200,000 | 08/11/26 | 4 | 2 | 2,040 | |
1.35 | Multi-Family Home | $200,000 | 08/11/26 | 6 | 6 | 1,680 | |
1.39 | Multi-Family Home | $200,000 | 08/11/26 | 6 | 6 | 1,560 | |
6.71 | Multi-Family Home | $700,000 | 12/15/25 | - | 6,800 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | $314,000 | 4 | 3 | 3,048 | Recently Sold | |
0.11 | $174,700 | 2 | 2 | 1,153 | Off Market | |
0.10 | $164,100 | 3 | 2 | 1,675 | Off Market | |
0.11 | $110,000 | 2 | 1 | 738 | Recently Sold | |
0.11 | - | - | - | - | Off Market | |
0.13 | $232,200 | 3 | 2 | 1,605 | Off Market | |
0.15 | $236,000 | 3 | 2 | 1,420 | Off Market | |
0.15 | $213,500 | 3 | 1.5 | 1,984 | Off Market | |
0.15 | $270,000 | 4 | 2 | 1,284 | Recently Sold | |
0.16 | $74,800 | 1 | 1 | 892 | Off Market | |
0.17 | $244,600 | 3 | 2 | 1,460 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 26, 2026 Source: MARIS #25059710 | PriceChange | $390,000 Price decreased by 3% |
May 14, 2026 Source: MARIS #25059710 | PriceChange | $400,000 Price decreased by 2% |
Apr 20, 2026 Source: MARIS #25059710 | PriceChange | $410,000 Price decreased by 4% |
Dec 29, 2025 Source: MARIS #25059710 | PriceChange | $425,000 Price decreased by 6% |
Sep 5, 2025 Source: MARIS #25059710 | Listed For Sale | $450,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Michaela Mendez, Strano & Associates
Agent Phone: (618) 795-4701

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Frequently asked questions about 108-110 E Main St
- What is the estimated monthly payment for 108-110 E Main St?Based on a $390,000 list price with 20% down at today's rates, the estimated monthly payment for 108-110 E Main St in Mascoutah, IL is approximately $2,831 (about $2,132 principal & interest, $624 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Mascoutah?Residents describe Mascoutah, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Mascoutah, IL.
- What are the closest schools to 108-110 E Main St?The closest schools to 108-110 E Main St in Mascoutah, IL are Mascoutah Elementary School (Pre-K, rated 9/10), Mascoutah High School (rated 9/10), Mascoutah Middle School (rated 6/10).
- What is 108-110 E Main St estimated to be worth?Trulia's estimated value for 108-110 E Main St in Mascoutah, IL is $368,300.
- Does 108-110 E Main St have air conditioning?Yes, 108-110 E Main St in Mascoutah, IL has air conditioning.
- Does 108-110 E Main St have parking?Yes, 108-110 E Main St in Mascoutah, IL has on-site parking.
108-110 E Main St, Mascoutah, IL 62258 is a 3 bedroom, 2 bathroom, 3,838 sqft multi-family built in 1950. This property is currently available for sale and was listed by MARIS on Sep 5, 2025. The MLS # for this home is MLS# 25059710.

