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.
Active
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
Single Family Residence
Built in 1951
0.99 Acres Lot
$-- Zestimate®
$486/sqft
$-- HOA
What's special
Raised ranchFenced backyardStorage shed
- 97 days |
- 143 |
- 1 |
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#: 26015459
Originating 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
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $500,000+194.1%$486/sqft |
Source: | ||
| 10/2/2019 | Listing removed | $975$1/sqft |
Source: Keller Williams Marquee #19055149 Report a problem | ||
| 9/11/2019 | Price change | $975-11.4%$1/sqft |
Source: Keller Williams Marquee #19055149 Report a problem | ||
| 8/6/2019 | Listed for rent | $1,100$1/sqft |
Source: Keller Williams Marquee #19055149 Report a problem | ||
| 6/12/2017 | Sold | $170,000$165/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $14,498 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 7/10Marie Schaefer Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 8/10Fulton Jr High SchoolGrades: 6-8Distance: 1.9 mi
- 6/10O'Fallon High SchoolGrades: 9-12Distance: 1.4 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Saint Clair County
- O Fallon
- 62269
- 716 W Highway 50




