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Two-Unit Duplex with B-1 Zoning
New
For Sale
$400,000

1902 W Highway 50, O Fallon, IL 62269

B-1-zoned corner property with two residential units positioned within a commercial corridor.

Property SizeContact for details
Days on Market6

Property Features for 1902 W Highway 50

General Information

Standard status Active
Property subtype Commercial
Zoning B-1

Site & Location

Corner Location Yes
Traffic Count 19,500 vehicles/day
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $3,471

Building Details

Year Built 1960
Buildings 1
Stories 2
Listing Agency: Re/Max Alliance
Listed By: Jo Woodward · License #475116390
Source: Nesterrealty
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 29 at 5:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Alliance

Investment Insights

Based on property information with market context.

This approximately 1,500+ square-foot duplex contains two rental units, each configured with two bedrooms. Built in 1960, the property has operated as a multifamily investment and is located within a B-1-zoned setting that also supports consideration of its commercial context.

The corner site provides 75 feet of frontage along Highway 50 and 208 feet along Brookside. Reported traffic volume reaches 19,500 vehicles daily, with interstate access nearby. The property is approximately 15 minutes from downtown St. Louis and Scott Air Force Base, placing it within a broader commercial corridor near retail and large-format stores.

Key Highlights

  • Two rental units, each with two bedrooms
  • Approximately 1,500+ SF duplex
  • B‑1 zoning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,500 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

592
Businesses Nearby

Demographics for 62269, IL

36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - B-1-zoned corner property with two residential units positioned within a commercial corridor.
Where is this duplex located?
The property is located at 1902 W Highway 50 O Fallon, IL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two rental units, each with two bedrooms; Approximately 1,500+ SF duplex; B‑1 zoning
More about this property
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