161-306 Eagle Ridge

O'Fallon, IL 62269

$1,596,555
Price
3
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Description

Exceptional opportunity to acquire a 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 15 of 17 units are occupied with rents at or slightly above market, generating $233,400 in annual gross income. Several units have been remodeled, enhancing long-term value and tenant appeal. All units feature fireplaces, and select residences offer vaulted...Exceptional opportunity to acquire a 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 15 of 17 units are occupied with rents at or slightly above market, generating $233,400 in annual gross income. 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.
  1. Listed by Kevin Beck • Kunkel Wittenauer Group, Inc
  2. Listed by Jeff Franke • Kunkel Wittenauer Group, Inc

Property Details for 161-306 Eagle Ridge

Architectural Style
Traditional
Waterfront
No
Cross Street
N. Green Mount Road
LISTING UPDATED: 03/20/2026 06:27 AM

Property Details for 161-306 Eagle Ridge

StatusActive
MLS #26012429
Days on Market17
Taxes-
HOA Fees$7,126 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 Family or More
Year Built1980
Lot Size-
CountySt. Clair County
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Location

Listing Courtesy of Kunkel Wittenauer Group, Inc
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Building Information for 161-306 Eagle Ridge

Stories-Residences-Year Built1980Building Size-Lot Size-

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$14,874 per month

30 year fixed, 6.11% Interest

Principal and Interest

$7,748

Property Taxes

$0

HOA Dues

$7,126

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Property Information for 161-306 Eagle Ridge

Summary
Location and General Information
  • City: O'Fallon
  • County Or Parish: St. Clair
  • Directions: GPS friendly. From Interstate 64 take N. Greenmount to the north and pass Highway 50. Turn right on Center Grove Drive.
  • Latitude: 38.59046633
  • Longitude: -89.92758212
  • Postal Code: 62269
  • State Or Province: IL
  • Sub division Name: Eagle Rdg Condos Ph 1 Bldg #16
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Association Fee: $7,126.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Clubhouse, Maintenance Grounds, Common Area Maintenance, Exterior Maintenance, Pool Maintenance, Management, Pool, Roof, Snow Removal
  • Parcel Number: See Supplements
  • Tax Legal Description: See Supplements
  • AssociationName: Eagle Ridge
  • AssociationYN: Yes
Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage Spaces: 9.0
  • Garage: Yes
  • Parking Total: 10.0
School Information
  • Elementary School: OFALLON DIST 90
  • High School: OFallon
  • High School District: O Fallon DIST 90
  • Middle Or Junior School: OFALLON DIST 90
Property
Lot Information
  • Property Sub Type: 5 Family or More
  • Property Type: Residential Income
Property and Assessments
  • Documents Count: 1
  • Photos Count: 22
  • Year Built: 1980
  • Disclosures: Seller Property Disclosure
  • Construction Materials: Brick, Vinyl Siding
  • Ownership Type: Private
  • NewConstructionYN: No
  • StructureType: Apartment Building
  • CommunityFeatures: Clubhouse, Pool
Utilities
  • Electric: Ameren
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Common Ground, Parking, Pool
  • Roof: Architectural Shingle
  • ExteriorFeatures: Balcony
  • PoolFeatures: Fenced, In Ground
  • MIS_PoolYN: Yes
Interior Features
  • Basement YN: No
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Heating: Forced Air
  • Laundry Features: Main Level
  • MIS_MainAndUpperLevelBedrooms: 0
  • MIS_MainAndUpperLevelBathrooms: 0
Multi Family
Unit 1
  • UnitType Beds Total: 2.0
Unit 2
  • UnitType Beds Total: 1.0

Property History for 161-306 Eagle Ridge

DateEvent & SourcePriceAppreciation
Mar 7, 2026

Listed (Active)

MARIS #26012429

$1,596,555—
DateEvent & SourcePrice
03/07/2026

Listed (Active)

MARIS #26012429

$1,596,555

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 161-306 Eagle Ridge

This home is within O Fallon Twp Hsd 203 School District.
Rating
School
Type
Grades
Distance
Marie Schaefer Elementary School
Public - PK to 5
Fulton Jr High School
Public - 6 to 8
O'Fallon High School
Public - 9 to 12
St. Clare Catholic School
Private - PK to 8
Rating
School
Distance
Marie Schaefer Elementary School
PublicPK to 5

Fulton Jr High School
Public6 to 8

O'Fallon High School
Public9 to 12

St. Clare Catholic School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 161-306 Eagle Ridge, O'Fallon, IL 62269

161-306 Eagle Ridge is a multi-family home for sale in O'Fallon, IL 62269. This property was listed for sale on March 7, 2026 by Kunkel Wittenauer Group, Inc, it's currently listed at $1,596,555. This listing's school districts are O Fallon Central Consolidated School District 90, O Fallon Twp Hsd 203 School District. Nearby schools include Marie Schaefer Elementary School, Fulton Jr High School and O'Fallon High School. 161-306 Eagle Ridge is a 3-bed, 2-bath, multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kunkel Wittenauer Group, Inc

Based on information submitted to the MLS GRID as of 03/20/2026 06:27 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.