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Corner Duplex Property
For Sale
$400,000

1902 W Highway 50, O Fallon, IL 62269

Commercial Sale, O'Fallon, IL

Property SizeContact for details
Lot Size0.35 Acres
Days on Market63

Property Features for 1902 W Highway 50

General Information

Property type Commercial Sale
Property subtype Other
Parking features Garage, Driveway
Appliances Range, Refrigerator
Subdivision Homestead, Sub
Directions GPS friendly
Standard status Active
APN 03-26.0-104-031
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Homestead, Sub Part Lot 38 Lot/Sec-60
Tax Annual Amount 3471
Legal Description Homestead, Sub Part Lot 38 Lot/Sec-60

Utilities

Utilities Cable Available
Heating system Electric (Heating), Radiant, Natural Gas, Radiant Floor, Varies by Unit (Heating)
Cooling system Wall Unit(s), Central Air, Attic Fan, Electric
Water source Public

Building Details

Year built 1960
Floors in Building 2
Building materials Brick, Wood Siding
Listing Agency: Re/Max Alliance · RE/MAX International
Listed By: Jo Woodward · License #475116390
Added: Jun 24 Changed: Aug 24 Last Checked: Aug 25 at 12:06PM
MLS# 26039721

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This B-1-zoned duplex property includes two rental units, each configured with two bedrooms. The improvements date to 1960 and combine brick and wood siding, with heating that varies by unit. Cooling features include central air and wall units, while range and refrigerator appliances are present. Garage and driveway parking are provided, along with public water and cable availability.

Positioned at 1902 W Highway 50 in O'Fallon, the corner parcel measures 0.35 acres and has 75 feet of Highway 50 frontage plus 208 feet along Brookside. Highway 50 traffic is reported at 19,500 vehicles daily. Interstate access is nearby, with stated drive times of 15 minutes to downtown St. Louis and Scott Air Force Base. The property has been used as a multifamily investment and is located within a commercial corridor near retail and shopping destinations.

Key Highlights

  • Two two‑bedroom rental units on a B‑1‑zoned property
  • 0.35‑acre corner parcel at 1902 W Highway 50, O'Fallon, IL 62269
  • 75 feet of frontage on Highway 50 and 208 feet on Brookside

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

392
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 property with two two-bedroom units and frontage along Highway 50 and Brookside.
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 two‑bedroom rental units on a B‑1‑zoned property; 0.35‑acre corner parcel at 1902 W Highway 50, O'Fallon, IL 62269; 75 feet of frontage on Highway 50 and 208 feet on Brookside
More about this property
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