Investor Opportunity in the Heart of O'Fallon! Calling all investors and renovators! This downtown O'Fallon property is packed with potential and priced at under $60,000. Situated on a spacious lot with a large backyard and storage shed, this home offers endless possibilities for a fix-and-flip, rental investment, or renovation project. New white vinyl windows are included with the sale, providing added value for your renovation plans. Conveniently located near shopping, restaurants, schools, and parks, this property combines a prime location with incredible potential. Don't miss this affordable opportunity to bring your vision to life in the heart of O'Fallon!
Single-familyProperty Type
1912Year Built
6,969 sq ftLot Size
$75Price/Sq.Ft.
Listed by Janell Schmittling• Homes By Janell
Listed by Tracey Brown• Homes By Janell
Bought with Steven Bennett• Re/Max Signature Properties
Est. $1,507 per month, based on comparable rentals
Sale and tax history for 314 E 3rd St
Sale History
Tax History
Date
Event
Price
Public Records
Sep 11, 2026
Sold
$50,000
$69/sq ft
MARIS as Distributed by MLS Grid #26047637
Sep 4, 2026
Sold
*
Jul 31, 2026
Contingent
—
Jul 28, 2026
Listed
$54,900
$75/sq ft
Jul 28, 2026
Coming Soon
$54,900
$75/sq ft
MARIS as Distributed by MLS Grid #22055830
Jan 3, 2023
Pending
—
Dec 30, 2022
Sold
*
Dec 19, 2022
Contingent
—
Dec 5, 2022
Price Changed
$40,000
$55/sq ft
Nov 29, 2022
Relisted
—
Oct 6, 2022
Contingent
—
Oct 2, 2022
Relisted
—
Sep 21, 2022
Contingent
—
Sep 15, 2022
Price Changed
$45,000
$62/sq ft
Aug 29, 2022
Price Changed
$50,000
$69/sq ft
Aug 24, 2022
Listed
$55,000
$76/sq ft
+8
Home with a huge yard and shed in the heart of O’fallon with an abundance of opportunity. Plumbing has been updated and new white vinyl windows will be left with the sale of the home.
Year
Property tax
Land + Additions
Assessment*
2025
$2,116 (+8.4%)
$4,790 + $24,567
$29,357
2024
$1,952 (+8.4%)
$4,370 + $22,411
$26,781
2023
$1,801 (+5.7%)
$3,879 + $19,891
$23,770
2022
$1,703 (+17.4%)
$3,566 + $18,287
$21,853
2021
$1,451 (+0.7%)
$3,576 + $14,695
$18,271
2020
$1,441 (+2.2%)
$3,503 + $14,394
$17,897
2019
$1,410 (+2.6%)
$3,385 + $13,910
$17,295
2018
$1,374 (+1.1%)
$3,287 + $13,506
$16,793
2017
$1,359 (−13.8%)
$3,487 + $12,759
$16,246
2016
$1,576 (+5.9%)
$3,428 + $15,197
$18,625
2015
$1,488 (+4.1%)
$3,348 + $14,842
$18,190
2013
$1,429
$3,258 + $14,574
$17,832
Public record
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
1975
Sq. Ft.
728
Year built
1912
Style
Single Family Residential
County
St. Clair County
APN
04290310016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
Property details
Interior
Bedroom Information
# of Bedrooms: 2
# of Bedrooms Main: 2
Main And Upper Level Bedrooms: 2
Upper Level Bedrooms: 0
Lower Level Bedrooms: 0
Bathroom Information
# of Full Baths (Total): 1
Main Level Bathrooms Half: 0
Main Level Bathrooms Full: 1
Main And Upper Level Bathrooms: 1
Upper Level Bathrooms Half: 0
Upper Level Bathrooms Full: 0
Lower Level Bathrooms Half: 0
Lower Level Bathrooms Full: 0
Basement Information
Has Basement
Basement Features: Unfinished
Other Rooms Information
Room Count: 0
# of Rooms: 5
Heating & Cooling
Heating Information: None
Cooling Information: None
Exterior
Building Information
Construction Materials: See Remarks
Pool Information
Pool YN: 0
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 728
Lot Information
Lot Features: Level
Lot Size Acres: 0.16
Financial
Tax Information
Tax Annual Amount: $2,116
Tax Year: 2025
Lease / Rent Details
Lease Considered YN: No
Financial Information
Second Mortgage YN: 0
Utilities
Utility Information
Water Source: Public
Electric: Other
Sewer: Public Sewer
Utilities: None
Location
School Information
Elementary School: OFALLON DIST 90
Middle Or Junior High School: OFALLON DIST 90
High School: OFallon
High School District: O Fallon DIST 90
Location Information
Address Line: 314 E 3rd ST, OFLLN IL 62269
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 728
Stories: 1.0
Lot Size: 6,970 square feet
Style: Single Family Residential
Year Built: 1912
Year Renovated: 1975
County: St. Clair County
APN: 04290310016
Home facts updated by county records on Oct 15, 2026
Other
Listing Information
Auction YN: 0
Home Warranty YN: No
Seller Consider Concession YN: 1
Home Information
Living Area: 728
Living Area Source: Assessor
Living Area Srch Sq Ft: 728.00
Above Grade Finished Area Srch Sq Ft: 728.00
Levels: One
Around this home
Schools
Estelle Kampmeyer Elementary School
Public PreK-5 • Assigned • 0.6mi
8/10
Amelia V Carriel Junior High School
Public 6-8 • Assigned • 1.2mi
7/10
O'Fallon High School
Public 9-12 • Assigned • 0.4mi
6/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 21 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
O Fallon, IL • 62269
Average low and high temperatures (°F)
37
20
46
28
65
41
71
51
75
56
85
67
90
72
87
65
85
60
74
50
57
41
46
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$100,000 – $121,000
Sell confidently with a local market expert in O Fallon.