Active under contract

Listed by: Homes By Janell • Janell M Schmittling • 618-444-6141

$54,900

314 E 3rd St, O'Fallon, IL 62269

2beds

728sqft

N/A

Get pre-qualified

Single Family Residence

Built in 1912

6,969 Square Feet Lot

$-- Zestimate^®

$75/sqft

$-- HOA

What's special

New white vinyl windowsLarge backyardSpacious lotStorage shed

Investor Opportunity in the Heart of O'Fallon! Calling all investors and renovators! This downtown O'Fallon property is packed with potential and priced at under $60,000. Situated on a spacious lot with a large backyard and storage shed, this home offers endless possibilities for a fix-and-flip, rental investment, or renovation project. New white vinyl windows are included with the sale, providing added value for your renovation plans. Conveniently located near shopping, restaurants, schools, and parks, this property combines a prime location with incredible potential. Don't miss this affordable opportunity to bring your vision to life in the heart of O'Fallon!

6 days

12

0

Facts & features

Interior

Bedrooms & bathrooms

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

Heating

None

Cooling

None

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 728
Total interior livable area: 728 sqft
Finished area above ground: 728

Property

Features

Levels: One

Lot

Size: 6,969 Square Feet
Features: Level

Details

Parcel number: 0429.0310016
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

See Remarks

Condition

Year built: 1912

Utilities & green energy

Electric: Other
Sewer: Public Sewer
Water: Public
Utilities for property: None

Community & HOA

Community

Subdivision: Ofallon Station

HOA

Has HOA: No

Location

Region: Ofallon

Financial & listing details

Price per square foot: $75/sqft
Tax assessed value: $26,781
Annual tax amount: $2,116
Date on market: 7/28/2026
Cumulative days on market: 6 days
Listing terms: Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/31/2026	Contingent	$54,900$75/sqft
Source: MARIS #26047637 Report a problem
7/28/2026	Price change	$54,900+37.3%$75/sqft
Source: MARIS #26047637 Report a problem
1/4/2023	Pending sale	$40,000+28%$55/sqft
Source: MARIS #22055830 Report a problem
12/30/2022	Sold	$31,250-21.9%$43/sqft
Source: MARIS #22055830 Report a problem
12/19/2022	Contingent	$40,000$55/sqft
Source: MARIS #22055830 Report a problem
12/5/2022	Price change	$40,000-11.1%$55/sqft
Source: MARIS #22055830 Report a problem
11/29/2022	Listed for sale	$45,000$62/sqft
Source: MARIS #22055830 Report a problem
10/6/2022	Contingent	$45,000$62/sqft
Source: MARIS #22055830 Report a problem
10/2/2022	Listed for sale	$45,000$62/sqft
Source: MARIS #22055830 Report a problem
9/21/2022	Contingent	$45,000$62/sqft
Source: MARIS #22055830 Report a problem
9/15/2022	Price change	$45,000-10%$62/sqft
Source: MARIS #22055830 Report a problem
8/29/2022	Price change	$50,000-9.1%$69/sqft
Source: MARIS #22055830 Report a problem
8/24/2022	Listed for sale	$55,000+34.1%$76/sqft
Source: MARIS #22055830 Report a problem
3/8/2022	Sold	$41,000+36.7%$56/sqft
Source: Public Record Report a problem
1/19/2022	Sold	$30,000$41/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,952 +8.4%	$26,781 +12.7%
2023	$1,801 +5.7%	$23,770 +8.8%
2022	$1,703 +17.4%	$21,853 +19.6%
2021	$1,451 +0.7%	$18,271 +2.1%
2020	$1,441 +2.2%	$17,897 +3.5%
2019	$1,410 +2.6%	$17,295 +3%
2018	$1,374 +1.1%	$16,793 +5.1%
2017	$1,359	$15,971 -12.2%
2016	$1,359 -8.7%	$18,190 +1.2%
2014	$1,488 +10.1%	$17,979 +0.8%
2013	$1,352	$17,832 -1.6%
2012	--	$18,129 +4.2%
2011	--	$17,405 -1.9%
2010	--	$17,747
2009	--	$17,747
2008	--	$17,747 +8.5%
2006	--	$16,360 +7%
2005	$1,155 +8.4%	$15,285 +6.8%
2004	$1,065	$14,311 +9%
2003	--	$13,133 +6.2%
2002	--	$12,368 +32.4%
2001	--	$9,341
2000	--	$9,341