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$ 350,000
$ 400,000 12.5%
2 Beds
1 Bath
1,028 SqFt
$ 350,000
$ 400,000 12.5%
2 Beds
1 Bath
1,028 SqFt
Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,028 sqft
Price per Sqft $340
Subdivision Glenns Assessment
MLS Listing ID 26015459
Sold Date 08/28/26
Style Raised Ranch
Bedrooms 2
Full Baths 1
Year Built 1951
Annual Tax Amount $3,959
Lot Size 0.990 Acres
Acres 0.99
Property Sub-Type Single Family Residence
Property Description
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.
Location
State IL
County St. Clair
Rooms
Main Level Bedrooms 2
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Parking Features true
View Y/N No
Private Pool false
Building
Lot Description Back Yard
Story 1
Sewer Septic Needed
Level or Stories One
Structure Type See Remarks
Schools
Elementary Schools Ofallon Dist 90
Middle Schools Ofallon Dist 90
High Schools Ofallon
School District O Fallon Dist 90
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is
Bought with Chris Nelson
Nearby Locations
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