Cahokia, IL 62206 3503 Falling Springs Road

3503 Falling Springs Road Cahokia, IL - Image 13503 Falling Springs Road Cahokia, IL - Image 23503 Falling Springs Road Cahokia, IL - Image 3
Presented By: Kunkel Wittenauer Group, Inc
  • MLS# 25041411
  • 06/13/2025
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Home Details

Excellent value-add multifamily investment opportunity in Cahokia Heights. This property includes two fully occupied apartment buildings on one parcel—offering a total of 11 units. The front building contains 4 units, including a studio and a 1-bedroom, while the rear building features 7 units, all with 2 bedrooms and 1 bathroom. Renovated in 2022, each unit includes modern conveniences such as air conditioning, ceiling fans, eat-in kitchens, and more. All 2025 leases are set at $975/month, supporting a projected gross rental income of $109,008 and an 8.32% CAP rate. Situated in a quiet residential area with 14 off-street parking spaces, screened tenants, and professional management already in place, this property offers immediate cash flow and long-term potential.
Presented By: Kunkel Wittenauer Group, Inc

Interior Features for 3503 Falling Springs Road

Bedrooms

Total Bedrooms

Bathrooms

Half Baths

General for 3503 Falling Springs Road

Architectural StyleTraditional
Carport Y/NNo
CityCahokia
Construction MaterialsBrick
CoolingCentral Air
CountySt. Clair
DirectionsFrom IL-3, turn east onto Camp Jackson Rd. Continue onto Falling Springs Rd. Property is located on the right side just past 42nd St, at 3503 Falling Springs Rd, across from residential homes.
DisclosuresNone
Elementary SchoolCAHOKIA DIST 187
Full Baths
HOANo
High SchoolCahokia
High School DistrictCahokia DIST 187
Middle/Junior High SchoolCAHOKIA DIST 187
ModificationTimestamp2025-06-26T15:44:38.526Z
New ConstructionNo
Property TypeResidential Income
Standard StatusActive
StatusActive
Subdivision NameJudith Place Assessment
Tax Annual Amount10512
Tax Year2023
Year Built1985

Exterior for 3503 Falling Springs Road

Lot Size Acres0.7

Additional Details

Price History

Schools

High School Cahokia High School
Elementary School Cahokia Dist 187 Elementary School
Middle School Cahokia Dist 187 Middle School

Craig Ziegel

Realtor
Price $640,000
MLS#25041411
List Date 06/13/2025
Property Type Multi-Family
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