Corner Lot with Two Income
For Sale
$275,000
633 S Lincoln Avenue, O Fallon, IL 62269
LAND - O'Fallon, IL
Property Size3,036 SF
Lot Size0.21 Acres
Price / SF$90.58
Days on Market77
Property Features for 633 S Lincoln Avenue
General Information
Property type
Land
Property subtype
Other
Subdivision
Atkinsons 2nd Add
Directions
Route 50 to Lincoln.
Standard status
Active
APN
04-30.0-431-021
Size
3,036 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
ATKINSONS 2ND ADD OFALLON LOT/SEC-32-BLK/RG-3 E 1/2 LOT 31 & ALL LOT 32 A02569269
Tax Annual Amount
5045
Legal Description
ATKINSONS 2ND ADD OFALLON LOT/SEC-32-BLK/RG-3 E 1/2 LOT 31 & ALL LOT 32 A02569269
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Forced Air
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1897
Floors in Building
2
Building materials
Metal Siding
Roof type
Shingle
Listing Agency:
Kunkel Wittenauer Group, Inc
(618) 632-8200
Listed By:
Kevin Beck · License #475199000
(618) 632-8200
Added: May 15
Changed: Jul 21
Last Checked: Jul 30 at 5:06PM
MLS# 25020951
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 property includes two buildings on a corner lot and provides multiple income-producing options. The main building (633-635) has two ground-floor commercial spaces: an alterations/seamstress business operating as a long-standing tenant at $700/month, and a larger office/retail space leased to a mental health professional at $1,000/month plus $200 for utilities. The second-floor space is accessed via a separate entrance at 102 W. 7th and was formerly a residential apartment, with noted need for renovation and bringing it up to code. Across the paved parking lot, the second building (625) houses a hair salon generating $585/month.
The site is located on South Lincoln in O’Fallon, IL, and is positioned as a corner lot. The parking lot sits between the two buildings, supporting separate access and visibility for the different storefronts and suites.
For investors and owner-operators, the mix of existing, separately leased ground-floor space and a second-floor unit that may be renovated for continued use creates flexibility in how the property can be managed. The current tenant mix includes both retail-facing and office/clinical use types, which can be useful for buyers seeking straightforward occupancy within a single corner site.
The site is located on South Lincoln in O’Fallon, IL, and is positioned as a corner lot. The parking lot sits between the two buildings, supporting separate access and visibility for the different storefronts and suites.
For investors and owner-operators, the mix of existing, separately leased ground-floor space and a second-floor unit that may be renovated for continued use creates flexibility in how the property can be managed. The current tenant mix includes both retail-facing and office/clinical use types, which can be useful for buyers seeking straightforward occupancy within a single corner site.
Key Highlights
- Corner lot with two buildings in O'Fallon, IL, providing multiple income‑producing spaces.
- Main building (633‑635) has two ground‑floor commercial spaces: $700/month alterations/seamstress and $1,000/month office/retail rent plus $200 utilities.
- Second‑floor space in the main building is accessed via a separate entrance at 102 W 7th and was formerly an apartment (value‑add to renovate/bring up to code).
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
660
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner lot with two buildings offering multiple leased spaces, including ground-floor retail and a salon across a paved parking area.
Where is this storefront property located?
The property is located at 633 S Lincoln Avenue O Fallon, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Corner lot with two buildings in O'Fallon, IL, providing multiple income‑producing spaces.; Main building (633‑635) has two ground‑floor commercial spaces: $700/month alterations/seamstress and $1,000/month office/retail rent plus $200 utilities.; Second‑floor space in the main building is accessed via a separate entrance at 102 W 7th and was formerly an apartment (value‑add to renovate/bring up to code).
