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Residential Land for Sale in O'Fallon, Illinois

813 And 815 W Hwy 50, O'Fallon, IL 62269

$575,000
1.42 acres
Active sale
Est $4,433/mo

Prime Highway 50 Development Opportunity - 1.42 Acres Excellent redevelopment opportunity in one of O'Fallon's fastest-growing corridors. This offering includes two adjoining parcels totaling approximately 1.42 acres, with about 200 feet of frontage and 350 feet of depth along highly traveled West Highway 50, with an estimated daily traffic count of approximately 13,000 vehicles. Ideally located just 600 feet from the signalized intersection at N. Green Mount Road and approximately one mile from Interstate 64, the site offers excellent visibility and convenient access. The property currently features two leased residential homes, providing immediate rental income while plans for redevelopment are put in place. A strong opportunity for investors or developers looking for a high-exposure site in a thriving commercial area with built-in income.

Location

Street address
813 And 815 W Hwy 50
Zip code
62269
Elevation
562 feet
Coordinates
38.59, -89.9309

Directions

From interstate 64 head north on North Green Mount. Then head West on Highway 50. The properties are on the left.

Property details

Acreage
1.42 acres61,855 sq ft
MLS #
MARIS 26013280
Posted

Property taxes

2024
$6,683

Parcels

  • 03-25.0-408-010

Legal description

Details and features

Listing

Type
Residential

Structure

Stories
1
Water
Public
Heating
Forced Air
Cooling
Central Air, Electric
Materials
Brick

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
June 30, 2026Price increase$575,000$28,750 5.3%MARIS
June 19, 2026Price drop$546,250$28,750 -5%MARIS
Mar 9, 2026New listing$575,000MARIS
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Payment calculator

This 1.42-acre property is located at 813 And 815 W Hwy 50 in O'Fallon, IL 62269. The land is available for sale, priced at $575,000 — $404,930 per acre.

Listed by Kunkel Wittenauer Group, (618) 632-8200

Checked 1 hour agoUpdated

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