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115 Jerome Ln , Cahokia, IL 62206

$175,000

1,170
sqft
1981
year built

Great investment opportunity! Take advantage of this four-unit apartment complex located in Cahokia, Illinois, just a short drive across the river from downtown St. Louis. Conveniently situated near the St. Louis metropolitan area, this property offers an attractive location for renters seeking convenient access to downtown St. Louis, major employment centers, shopping, restaurants, entertainment, and everyday amenities. Enjoy the benefits of an Illinois location while being just minutes from all that the St. Louis area has to offer. This four-unit apartment property presents an excellent opportunity for investors looking to expand their rental portfolio or establish a foothold in the greater St. Louis rental market.

Highlights

  • Residential Income
  • Multi Family
  • Built in 1981
  • 0.24 Acre Lot
  • 19 days on Market

  • Year Built
    1981
  • Architectural Style
    Apartment Style
  • Construction Materials
    Brick
  • Living Area
    1170.0
  • Cooling
    Window Unit(s)

  • Acres
    0.24


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Frequently Asked Questions

How do I schedule a tour of 115 Jerome Ln?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 115 Jerome Ln.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 115 Jerome Ln?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $175,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Cahokia, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 115 Jerome Ln?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 115 Jerome Ln at around $1,382. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 115 Jerome Ln?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in St. Clair County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 115 Jerome Ln?

In most cases, yes. Whether 115 Jerome Ln is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Cahokia's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 115 Jerome Ln?

We can handle that for you. Our preferred local agent specializes in residential incomes in Cahokia and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $175,000 with 1,170 sqft of space—that comes out to approximately $150 per square foot.

How long has this property been on the market?

115 Jerome Ln was listed on October 26, 2026, which means it's been on the market for 19 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1981, making it approximately 45 years old.

What is the lot size of this property?

115 Jerome Ln sits on a 0.24-acre lot, which is 10,454 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: CAHOKIA DIST 187
  • Middle: CAHOKIA DIST 187
  • High: Cahokia

Want to see how these schools compare? Check out our St. Clair County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 115 Jerome Ln?

The most recent public record shows annual property taxes for 115 Jerome Ln were approximately $4,635. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 115 Jerome Ln still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data


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Based on information submitted to the MLS GRID as of November 14, 2026 at 05:07PM. 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.

Source: MARIS MLS | MLS#: 26072002