54 Photos

$390,000

108-110 Main Street

not in a subdivision or complex, Mascoutah, Illinois, 62258

MLS® 25059710 · Listed by Strano & Associates

0 bedroomsResidential Income355 days on marketBuilt 1950Lot 3049.20$8,069 taxes (2024)Forced Air,Gas,Radiant · Central Air,Wall/Window Unit(s)Cellar,Storage Space,Sump Pump basement

About this property

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.

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Estimated value

$397,909

Estimated range: $377,405 – $418,414 · 5% confidence

Estimated value by month

Estimated value trend from Oct 2025 ($355,860) to Sep 2026 ($397,909)Oct 2025Sep 2026

This is an automated estimate based on MLS® market data — not an appraisal or a substitute for professional advice.

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Listing history

Past MLS® listing records for this property, as reported by the listing brokerages.

  1. New

    $390,000

    • New · Sep 1, 2025 · $390,000
    • New · Sep 1, 2025

    Listed by Strano & Associates · MLS® 25059697

Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldJul 19, 2026

$376,250

Listed at $365,000

Russells Add 02, St Louis, Missouri

0 bd · 3128.00 sqft · Residential Income

SoldJul 6, 2026

$400,000

Listed at $400,000

Arsenal Watson Heights, St Louis, Missouri

0 bd · 2610.00 sqft · Residential Income

SoldJul 25, 2026

$365,000

Listed at $365,000

Gratiot, St Louis, Missouri

0 bd · 1924.00 sqft · Residential Income

SoldAug 7, 2026

$420,000

Listed at $450,000

Westmoor Park 2, Richmond Heights, Missouri

0 bd · 2016.00 sqft · Residential Income

MLS® data for this listing last updated Aug 26, 2026.

Market snapshot

The not in a subdivision or complex, Mascoutah market

Closed sales in not in a subdivision or complex, Mascoutah over the last 12 months.

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Median sold price

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Avg. days on market