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Development Land in O'Fallon, IL
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648 W Hwy 50, O Fallon, IL

3.26 acres approved for multi-family/townhome development.

Property SizeContact for details
Lot Size3.26 Acres
Days on Market488

Property Features for 648 W Hwy 50

General Information

Standard status Active
Lot size 3.26 Acres
Property subtype LAND
Listing Agency: BARBERMurphy
Listed By: Carter Marteeny · License #475188628
Source: Moodyscre
Added: Apr 21, 2025 Changed: Aug 15 Last Checked: Aug 21 at 4:57AM

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 BARBERMurphy

Investment Insights

Based on property information with market context.

A 3.26-acre parcel of land is available for development. The site has already received city approval for a multi-family or townhome project. Located off Highway 50 in O’Fallon, Illinois, the property is positioned within a growing market and offers close proximity to I-64.

Key Highlights

  • 3.26 Acres available for development
  • Multi‑Family/Townhome project already approved
  • Located off Hwy 50 in O’Fallon, IL

Property Analytics

Current Use

Dollar General Discount Store

Suggested Use

Top Pick Electrical Service HVAC Service Storage Facility Computer & Electronic Repair Garden Center Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - 3.26 acres approved for multi-family/townhome development.
Where is this land located?
The property is located at 648 W Hwy 50 O Fallon, IL.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 3.26 Acres available for development; Multi‑Family/Townhome project already approved; Located off Hwy 50 in O’Fallon, IL
(618) 304-3917 Call to check price and availability
More about this property
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