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716 Highway 50 O'Fallon, IL 62269

$500,000
716 Highway 50 O'Fallon, IL 62269
2 Bedrooms/1 Baths
1028 Square Feet
Tax History: $3653 - 2024
Estimated Payment: $2,368 Per Month*
Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]
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Property Description

$500,000  , Located in GLENNS ASSESSMENT,  O'FALLON.   ZIP Code: 62269

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.
This house was built in 1951 has 2 bedroom(s), 1 baths(s) and is approximately 1028 sq. ft. The home has 7 rooms. This property is located on 0.99 Acre(s).

Near By Listings
Main Features:
Approximate lot size is 1 Acre(s)
Elementary School: OFALLON DIST 90
Middle School: OFALLON DIST 90
High School: OFallon
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MLS#: 26015459
Listing ID: 79611
Updated: 97 days ago
Days on site: 106 days

Listing provided by

Julie Jones-Kloeckner
Cole Jones Group with Elevate Illinois Realty
* 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 © 2026 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
Coldwell Banker Paslay Realtor
Phone: 618-531-3377
Office: 618-377-3377
 

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