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813 Highway 50 O'Fallon, IL 62269

$575,000
813 Highway 50 O'Fallon, IL 62269
1446 Square Feet
Tax History: $6683 - 2024
Estimated Payment: $2,723 Per Month*
Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]
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Property Description

$575,000  , Located in .,  O'FALLON.   ZIP Code: 62269

Prime Development Opportunity - 1.42 Acres on Highway 50 This exceptional property consists of two contiguous parcels, totaling 1.42 acres, offering significant potential for development. With 200 feet of frontage on the highly trafficked West Highway 50, and only 600 feet from the bustling intersection of N. Green Mount Road, this site provides excellent visibility and accessibility for commercial ventures. Currently, the property features two homes: 813 is leased to New American Funding (through 12/31/25), providing immediate rental income, while 815 is currently vacant, presenting the opportunity for redevelopment or customization. This is an ideal location for a wide range of commercial uses, with ample space for expansion or new construction. Don't miss the chance to capitalize on this prime development site with high exposure and prime frontage. Please reach out today for more info, including financials… Location: High Traffic, Hwy/Interstate Frntg
This property is located on 0.68 Acre(s).

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Approximate lot size is 1 Acre(s)
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MLS#: 25008576
Listing ID: 58733
Updated: 1 day ago
Days on site: 83 days

Listing provided by

Kevin Beck
Kunkel Wittenauer Group, Inc
* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

The multiple listing information is provided by Southwestern Illinois Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listing and each individual listings are © 2025 Southwestern Illinois Regional Multiple Listing Service, Inc.. All Rights Reserved.

The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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Premium Agent
Tarrant and Harman Real Estate and Auction Co
Phone: 618-974-9598
Office: 618-433-9436
 

200 W. Third Street | Alton, IL 62002
Suite 200
618.465.9850