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  • Listed by: Cole Jones Group with Elevate Illinois Realty • Julie J Jones-Kloeckner • Contact: 314-258-1296
    $500,000

    716 W Highway 50, O'Fallon, IL 62269

    2beds
    1,028sqft
    : 
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    Single Family Residence
    Built in 1951
    0.99 Acres Lot
    $-- Zestimate®
    $486/sqft
    $-- HOA

    What's special

    Raised ranchFenced backyardStorage shed
    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.
    97 days
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    143
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Julie J Jones-Kloeckner 314-258-1296,

    Cole Jones Group with Elevate Illinois Realty,

    David W Cole 618-365-0600,

    Cole Jones Group with Elevate Illinois Realty

    Source: MARIS,MLS#: 26015459MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,028
      • Total interior livable area: 1,028 sqft
      • Finished area above ground: 1,028

      Property

      Parking
      • Parking features: Garage - Attached
      • Has attached garage: Yes
      Features
      • Levels: One
      Lot
      • Size: 0.99 Acres
      • Features: Back Yard
      Details
      • Parcel number: 0430.0300007
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Ranch
      • Property subtype: Single Family Residence
      Materials
      • See Remarks
      Condition
      • Year built: 1951

      Utilities & green energy

      • Electric: Ameren
      • Sewer: Septic Needed

      Community & HOA

      Community
      • Subdivision: Glenns Assessment
      HOA
      • Has HOA: No
      Location
      • Region: Ofallon

      Financial & listing details

      • Price per square foot: $486/sqft
      • Tax assessed value: $50,115
      • Annual tax amount: $3,653
      • Date on market: 4/1/2026
      • Cumulative days on market: 97 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/1/2026Listed for sale$500,000+194.1%$486/sqft
        Source: MARIS #26015459 Report a problem
        10/2/2019Listing removed$975$1/sqft
        Source: Keller Williams Marquee #19055149 Report a problem
        9/11/2019Price change$975-11.4%$1/sqft
        Source: Keller Williams Marquee #19055149 Report a problem
        8/6/2019Listed for rent$1,100$1/sqft
        Source: Keller Williams Marquee #19055149 Report a problem
        6/12/2017Sold$170,000$165/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,653 +8.4%$50,115 +12.7%
        2023$3,370 +5.7%$44,479 +8.8%
        2022$3,187 +2.5%$40,893 +4.4%
        2021$3,109 +0.7%$39,158 +2.1%
        2020$3,088 +2.2%$38,357 +3.5%
        2019$3,021 +2.6%$37,067 +3%
        2018$2,944 +9.6%$35,991 +14%
        2017$2,687 $31,578 +0.8%
        2016$2,687 +109.6%$31,330 +1.2%
        2014$1,282 -20.9%$30,968 +3.6%
        2013$1,620 $29,902 -1.6%
        2012-- $30,401 +45.8%
        2011-- $20,855 -1.9%
        2010-- $21,265
        2009-- $21,265
        2008-- $21,265 +8.5%
        2006-- $19,602 +7%
        2005$1,384 +8.4%$18,315 +6.8%
        2004$1,276 $17,149 +9%
        2003-- $15,738 +6.2%
        2002-- $14,820 +2.2%
        2001-- $14,498
        2000-- $14,498

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62269

        Getting around

        56 / 100
        Somewhat Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ofallon Dist 90
        • Middle: Ofallon Dist 90
        • High: Ofallon

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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