Listed by Kevin Beck, Kunkel Wittenauer Group, Inc, (618) 632-8200
161-306 Eagle Rdg
O'Fallon, IL 62269
- 3 Beds
- 2 Baths
3 Beds
2 Baths
Local Information
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Description
Price Improvement!!
Exceptional opportunity to acquire a fully-leased, 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently, all 17 units are occupied. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention.
Ideally located just one block from the intersection of Highway 50 and North Greenmount Road with quick access to Interstate 64. The property is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis, positioning it well for consistent rental demand.
HOA-managed exteriors help reduce owner maintenance responsibilities, covering exterior building maintenance with the exception of windows and doors. Many roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated.
Portfolio discount available for full-package acquisition, with additional pricing incentives for multi-unit purchases. Ideal for 1031 exchange buyers or investors seeking scalable residential income in a stable Metro East market. Seller prefers sale of the entire portfolio; however, individual or multi-unit purchases may be considered. A portfolio discount has been applied to the full package listing price.
Exceptional opportunity to acquire a fully-leased, 17-unit income-producing condominium portfolio in O'Fallon. This stabilized offering includes a diversified mix of one- and two-bedroom residences across multiple phases within Eagle Ridge Condominiums. Currently, all 17 units are occupied. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted ceilings, adding character and desirability. Residents enjoy access to a community pool and clubhouse, supporting strong occupancy and retention.
Ideally located just one block from the intersection of Highway 50 and North Greenmount Road with quick access to Interstate 64. The property is less than 20 minutes to Scott Air Force Base and under 30 minutes to downtown St. Louis, positioning it well for consistent rental demand.
HOA-managed exteriors help reduce owner maintenance responsibilities, covering exterior building maintenance with the exception of windows and doors. Many roofs, stairways, and siding sections throughout the community have recently been replaced or are currently being updated.
Portfolio discount available for full-package acquisition, with additional pricing incentives for multi-unit purchases. Ideal for 1031 exchange buyers or investors seeking scalable residential income in a stable Metro East market. Seller prefers sale of the entire portfolio; however, individual or multi-unit purchases may be considered. A portfolio discount has been applied to the full package listing price.
Home Highlights
Parking
Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
$7,126/Monthly
Price/Sqft
No Info
Listed
97 days ago
Home Details for 161-306 Eagle Rdg
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2 |
Appliances & Utilities Laundry: Main Level |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 1Has a Fireplace |
Gas & Electric Electric: Ameren |
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Exterior Home Features Roof: Architectural ShingleExterior: Balcony |
Parking & Garage Number of Garage Spaces: 9Number of Carport Spaces: 1Number of Covered Spaces: 10Has a CarportHas a GarageNo Attached GarageParking Spaces: 10Parking: Garage, Carport |
Pool Pool: Fenced, In GroundPool |
Frontage Not on Waterfront |
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Cumulative Days on Market: 75Days on Market: 97 |
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Year Built Year Built: 1980 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Apartment BuildingArchitecture: Traditional |
Building Construction Materials: Brick, Vinyl Siding |
Property Information Parcel Number: See Supplements |
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Price List Price: $1,520,000 |
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Direction & Address City: O'FallonCommunity: Eagle Rdg Condos Ph 1 Bldg #16 |
School Information Elementary School: Ofallon Dist 90Jr High / Middle School: Ofallon Dist 90High School: OfallonHigh School District: O Fallon DIST 90 |
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Listing Agent Listing ID: 26012429 |
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Community Features: Clubhouse, Pool |
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HOA Fee Includes: Clubhouse, Maintenance Grounds, Common Area Maintenance, Exterior Maintenance, Pool Maintenance, Management, Pool, Roof, Snow RemovalHOA Name: Eagle RidgeAssociation for this Listing: Southwestern Illinois Board of REALTORSHas an HOAHOA Fee: $7,126/Monthly |
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Listing Terms: 1031 Exchange, Cash, Conventional |
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Business Information Ownership: Private |
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Mls Number: 26012429Showing Requirements: Appointment Only, Call Listing Agent, Do Not Disturb Tenant |
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HOA Amenities: Clubhouse,Common Ground,Parking,Pool |
Last check for updates: 23 minutes ago
Listing Provided by: Kevin Beck, (618) 550-8762
Kunkel Wittenauer Group, Inc
Jeff L Franke, (618) 792-9693
Kunkel Wittenauer Group, Inc
Originating MLS: Southwestern Illinois Board of REALTORS
Source: MARIS, MLS#26012429

Also Listed on MARIS.
Market trends in O Fallon
Last updated May 2026
Avg. sale price
$320K $6.67KMoM
Sale-to-List Price
100.0% 0.7%MoM
Price per sq ft
$143 $4MoM
Available listings
115 15MoM
Price History for 161-306 Eagle Rdg
| Date | Price | Event | Source |
|---|---|---|---|
| 05/14/2026 | $1,520,000 | PriceChange | MARIS #26012429 |
| 03/07/2026 | $1,596,555 | Listed For Sale | MARIS #26012429 |
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Comparable Sales for 161-306 Eagle Rdg
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $270,000 | 04/03/26 | 4 | 4 | 1,250 | |
0.67 | Multi-Family Home | $450,000 | 05/01/26 | 2 | 2 | 1,080 | |
0.65 | Multi-Family Home | $365,000 | 04/24/26 | 2 | 1 | 3,568 | |
0.73 | Multi-Family Home | $265,000 | 06/05/26 | - | 2,093 | ||
1.02 | Multi-Family Home | $265,000 | 06/05/26 | - | 2,040 | ||
2.66 | Multi-Family Home | $198,878 | 11/13/25 | 4 | 2 | 1,920 | |
2.85 | Multi-Family Home | $193,875 | 04/28/26 | 4 | 2 | 2,072 | |
2.72 | Multi-Family Home | $250,000 | 05/12/26 | 6 | 4 | 2,400 | |
2.69 | Multi-Family Home | $240,000 | 08/25/25 | 3 | 2,688 | ||
3.35 | Multi-Family Home | $81,620 | 07/28/25 | 4 | 4 | 3,200 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 161-306 Eagle Rdg.
What Locals Say about O Fallon
At least 190 Trulia users voted on each feature.
94 % Say parking is easy
94 % Say it's dog friendly
88 % Say car is needed
84 % Say there are sidewalks
83 % Say streets are well-lit
80 % Say yards are well-kept
77 % Say kids play outside
77 % Say there's holiday spirit
76 % Say it's quiet
75 % Say people would walk alone at night
56 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
45 % Say there's wildlife
42 % Say it's walkable to restaurants
37 % Say there are community events
28 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kevin Beck, Kunkel Wittenauer Group, Inc
Agent Phone: (618) 550-8762

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161-306 Eagle Rdg, O'Fallon, IL 62269 is a 3 bedroom, 2 bathroom multi-family built in 1980. This property is currently available for sale and was listed by MARIS on Mar 5, 2026. The MLS # for this home is MLS# 26012429.

