813 And 815 W Highway 50, O'Fallon, IL 62269
sale
$575,000
|
Mixed Use
Courtesy Of Kunkel Wittenauer Group
Prime Highway 50 Development Opportunity 1.42 Acres
Rare redevelopment opportunity in a rapidly growing corridor in O'Fallon. This offering includes two contiguous parcels totaling approximately 1.42 acres with roughly 200 feet of frontage along highly trafficked West Highway 50, located just 600 feet from the signalized intersection at N. Green Mount Road.
The property currently includes two residential structures providing immediate rental income. 813 W Hwy 50 is leased to New American Funding from 1/1/26 12/31/26 and 815 W Hwy 50 is leased from 3/7/26 3/6/27 beginning April 1.
Excellent visibility and access in one of the area s most active commercial corridors. Ideal opportunity for investors or developers seeking a high-exposure site with existing income while planning future redevelopment.
Location: High Traffic, Hwy/Interstate Frontage
Rare redevelopment opportunity in a rapidly growing corridor in O'Fallon. This offering includes two contiguous parcels totaling approximately 1.42 acres with roughly 200 feet of frontage along highly trafficked West Highway 50, located just 600 feet from the signalized intersection at N. Green Mount Road.
The property currently includes two residential structures providing immediate rental income. 813 W Hwy 50 is leased to New American Funding from 1/1/26 12/31/26 and 815 W Hwy 50 is leased from 3/7/26 3/6/27 beginning April 1.
Excellent visibility and access in one of the area s most active commercial corridors. Ideal opportunity for investors or developers seeking a high-exposure site with existing income while planning future redevelopment.
Location: High Traffic, Hwy/Interstate Frontage
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Electric
- Cooling System: Central Air
- Exterior Type: Brick
- Heating System: Forced Air
- Legal Description: SCHEIBEL, MARY, TRACTS A. P. LOT/SEC-8 A02742838
- MLSID: 26013280
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