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  • Listing Provided by: Red Door Realty Group Inc
    $500,000

    530 W State St, O'Fallon, IL 62269

    0beds
    --baths
    1.94Acres
    Unimproved Land
    Built in ----
    1.94 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Discover the potential of this **1.94-acre commercial parcel zoned B-1 (Community Business District)** offering excellent flexibility for a wide range of retail, professional, service, and commercial development opportunities. With nearly two acres of land, this site provides ample room for building, parking, access points, and potential multi-tenant or mixed-use concepts, making it an attractive option for investors, developers, or owner-operators looking to establish or expand a business presence. The B-1 zoning designation allows for numerous **permitted commercial uses**, including retail stores, grocery and specialty food markets, restaurants and cafés (without drive-through service), professional and medical offices, financial and real estate offices, business consulting services, personal service establishments such as salons or fitness studios, appliance and electronics sales and service, hardware or home furnishing stores, florists, gift shops, bookstores, photography studios, and many other retail or service-based businesses. The zoning also accommodates offices for architects, attorneys, engineers, physicians, accountants, and other professional practitioners, as well as banks, insurance offices, credit unions, and investment services. Additional development opportunities may be possible with city approval, including uses such as restaurants serving alcohol, gasoline service stations, car wash facilities, cultural or recreational venues, entertainment facilities, meeting halls, schools or places of worship, multi-family or mixed-use residential components, and other specialized commercial uses, subject to review and approval by the Planning Commission and City Council where required. The generous acreage provides flexibility for a **single commercial building, professional office complex, retail storefront, restaurant concept, service business, or a planned multi-building commercial development**, depending on site design and approvals. With adequate space for parking, landscaping, and customer access, the property offers strong potential for businesses seeking visibility and accessibility in a growing commercial area. Whether you're envisioning a **professional office campus, boutique retail destination, specialty service center, restaurant concept, or a thoughtfully designed commercial development**, this property provides the space and zoning flexibility to bring a variety of ideas to life. **Conceptual rendering created using AI to illustrate potential uses of the property. The structures depicted do not currently exist and are for visualization purposes only. Buyers should verify zoning, building requirements, and permitted uses with local authorities.**
    26 days
    |
    182
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 06, 2026 at 03:33pm

    Listing Provided by:

    Courtney N Marsh 618-401-9765,

    Red Door Realty Group Inc,

    Caleb Marsh 618-250-3384,

    Red Door Realty Group Inc

    Source: MARIS,MLS#: 26013043MLS LogoOriginating MLS: Southwestern Illinois Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      Video & virtual tour

      Property

      Parking
      • Parking features: None
      Features
      • Fencing: None
      • Has view: Yes
      • View description: City, Downtown, Neighborhood
      • Frontage length: 439
      Lot
      • Size: 1.94 Acres
      • Dimensions: appro x 439 x 205
      • Features: City Lot, Cleared, Corner Lot, Rectangular Lot, Undeveloped
      • Topography: Flat,Level
      Details
      • Additional structures: None
      • Parcel number: 0430.0207016
      • Zoning: Business
      • Special conditions: Standard

      Utilities & green energy

      • Electric: Ameren
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Subdivision: Westbrook Center
      HOA
      • Has HOA: No
      • Services included: None
      • HOA name: n/a
      Location
      • Region: Ofallon

      Financial & listing details

      • Tax assessed value: $17,225
      • Annual tax amount: $1,415
      • Date on market: 3/6/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,Private
      • Ownership: Private
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/6/2026Listed for sale$500,000+85.2%
        Source: MARIS #26013043 Report a problem
        6/7/2022Sold$270,000
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2023$1,305 $17,225

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62269

        Getting around

        66 / 100
        Somewhat Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ofallon Dist 90
        • Middle: Ofallon Dist 90
        • High: Ofallon

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Local experts in 62269

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