BEDS2
BATHS1 full
SQUARE FEET1,028
MLS#26015459
STATUSComing Soon
PROPERTY TYPEResidential - Single Family
SUBDIVISIONGlenns Assessment
SCHOOLO Fallon DIST 90
Property Description
Rare 1.06-Acre Opportunity in O'Fallon with Commercial Potential!Discover the incredible potential of 716 W Highway 50, featuring 120 feet of high-visibility frontage in one of O'Fallon's most rapidly growing corridors. This sprawling 1.06-acre property offers an unmatched canvas for a strategic development project or a long-term investment. Situated directly adjacent to Scott Credit Union and just minutes from a major interstate exit, the site benefits from an impressive daily traffic count of approximately 19,500 vehicles.While the property currently includes a 1,028 sq. ft., 2-bedroom, 1-bathroom raised ranch with a fenced backyard and storage shed, the true value lies in the expansive acreage and premier positioning. The location-with a new hotel coming soon and established professional neighbors-presents a prime opportunity for a buyer to pursue rezoning for commercial use. Located within top-rated O'Fallon District 90 and just minutes from Scott Air Force Base, major hospitals, the O'Fallon Sports Park, and shopping, this is a unique chance to secure a significant footprint in a high-demand area. This property is perfectly situated to capitalize on the region's continued future growth.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air
Heating: Forced Air
Home Style: Raised Ranch
Lot Size: 0.99 Acres
Taxes: $3,653
Year Built: 1951
Feature Descriptions
Exterior: See Remarks
Lot: Back Yard
Parcel#: 04-30.0-300-007
Sewer: Septic Needed
SQFT. Above Grade: 1028
Local Schools
High School: OFallon
Middle School: OFALLON DIST 90
Elementary School: OFALLON DIST 90
School District: O Fallon DIST 90
Listed By / Shown By
Listed By
Agency Name: Cole Jones Group with Elevate Illinois Realty
Shown By
Agency Title: Strano & Associates
Agency Phone: 618-277-7653
Estimate Your Payment
Estimated Payment
$ 1,563.03 per month $1,112.78 Principal & Interest $304.42 Property Tax $145.83 Homeowner's Insurance
716 W Highway 50 | MLS# 26015459
This single family home located at 716 W Highway 50 , O Fallon, IL 62269 is currently listed for sale with an asking price of $500,000. This property was built in 1951 and has 2 bedrooms and 1 full baths with 1028 sq. ft. W Highway 50 is located in the Glenns Assessment subdivision within the O Fallon DIST 90 school district. Search Glenns Assessment real estate on www.strano.com today.