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Corner-Lot Duplex
For Sale
$400,000

1902 W Highway 50, O Fallon, IL 62269

The two-unit layout and B-1 zoning offer a defined configuration for the property.

Property SizeContact for details
Days on Market125

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: Flowers Home Realty
Listed By: Marletta Flowers
Source: Flowershomerealty
Added: Jun 23 Changed: Oct 23 Last Checked: Oct 23 at 1:26PM

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 Flowers Home Realty

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Investment Insights

Based on property information with market context.

This 1,500+ SF duplex was built in 1960 and contains two two-bedroom rental units. The property is zoned B-1 and occupies a corner lot, with 75 feet of frontage along Highway 50 and 208 feet along Brookside. Its prior use was as a multifamily rental property.

The site records a daily traffic count of 19,500. Retail and shopping destinations are nearby, and interstate access is described as convenient. Downtown St. Louis and Scott Air Force Base are each approximately 15 minutes away.

Key Highlights

  • Two rental units, each with two bedrooms
  • 1,500+ SF building, constructed in 1960
  • B‑1 zoning

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-unit layout and B-1 zoning offer a defined configuration for the property.
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; 1,500+ SF building, constructed in 1960; B‑1 zoning
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