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716 W Highway 50, O'Fallon, IL, 62269

2beds
1baths
1,028sqft
$500,000
$486price/sqft
$3,718/moest. monthly cost
$148,720/yrincome needed

About This Home

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.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

8/10
Fulton Jr High SchoolGrades 6-81.9 mi
6/10
O'Fallon High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1951

Materials

  • Construction materials: See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Raised Ranch
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area above ground: 1,028

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,028
  • Total interior livable area: 1,028 sqft

Property

Details

  • Parcel number: 0430.0300007
  • Special condition: Listing As Is

Features

  • Levels: One

Lot

  • Lot size: 0.99 Acres
  • Features: Back Yard

Parking

  • Parking features: Garage - Attached
  • Has garage: Yes