Listed by Janell M Schmittling, Homes By Janell, (618) 726-2242
314 E 3rd St
O'Fallon, IL 62269
- 2 Beds
- 1 Bath
- 728 sqft
2 Beds
1 Bath
728 sqft
Home Highlights
Price/Sqft
$75
Listed
12 days ago
Local Information
-- mins to
About this House
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!
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!
Home Details for 314 E 3rd St
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MLS Status: Active Under Contract |
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Interior Details Basement: UnfinishedNumber of Rooms: 5 |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 728 Square Feet |
Appliances & Utilities Utilities: None |
Heating & Cooling Heating: NoneNo CoolingAir Conditioning: NoneNo Heating |
Fireplace & Spa No Fireplace |
Gas & Electric Electric: Other |
Levels, Entrance, & Accessibility Levels: One |
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Parking & Garage No CarportNo Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 728 Square Feet |
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Cumulative Days on Market: 3Days on Market: 12 |
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Year Built Year Built: 1912 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: See RemarksDoes Not Include Home Warranty |
Property Information Parcel Number: 0429.0310016 |
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Price List Price: $54,900Price Per Sqft: $75 |
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Direction & Address City: O'FallonCommunity: Ofallon Station |
School Information Elementary School: Ofallon Dist 90Jr High / Middle School: Ofallon Dist 90High School: OfallonHigh School District: O Fallon DIST 90 |
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Listing Agent Listing ID: 26047637 |
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Building Area Building Area: 728 Square Feet |
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Not Senior Community |
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Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA |
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Lot Area: 6969.6 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 26047637Zillow Contingency Status: Under ContractAbove Grade Unfinished Area: 728Showing Requirements: Vacant |
Last check for updates: about 23 hours ago
Listing Provided by: Janell M Schmittling, (618) 444-6141
Homes By Janell
Tracey Brown, (312) 296-1106
Homes By Janell
Originating MLS: Southwestern Illinois Board of REALTORS
Source: MARIS, MLS#26047637

Also Listed on MARIS.
Market trends in O Fallon
Last updated June 2026
Avg. sale price
$302K
$18.5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$146
$3MoM
Available listings
103
12MoM
Price History for 314 E 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2026 | $54,900 | Contingent | MARIS #26047637 |
| 07/28/2026 | $54,900 | PriceChange | MARIS #26047637 |
| 01/04/2023 | $40,000 | Pending | MARIS #22055830 |
| 12/30/2022 | $31,250 | Sold | MARIS #22055830 |
| 12/19/2022 | $40,000 | Contingent | MARIS #22055830 |
| 12/05/2022 | $40,000 | PriceChange | MARIS #22055830 |
| 11/29/2022 | $45,000 | PendingToActive | MARIS #22055830 |
| 10/06/2022 | $45,000 | Contingent | MARIS #22055830 |
| 10/02/2022 | $45,000 | PendingToActive | MARIS #22055830 |
| 09/21/2022 | $45,000 | Contingent | MARIS #22055830 |
| 09/15/2022 | $45,000 | PriceChange | MARIS #22055830 |
| 08/29/2022 | $50,000 | PriceChange | MARIS #22055830 |
| 08/24/2022 | $55,000 | Listed For Sale | MARIS #22055830 |
| 03/08/2022 | $41,000 | Sold | N/A |
| 01/19/2022 | $30,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,952 |
| Assessment | $26,781 |
Home facts updated by county records
Comparable Sales for 314 E 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $75,000 | 05/22/26 | 1 | 1 | 978 | |
0.12 | Single-Family Home | $90,000 | 05/11/26 | 1 | 1 | 817 | |
0.23 | Single-Family Home | $185,000 | 05/01/26 | 2 | 1 | 1,072 | |
0.29 | Single-Family Home | $175,000 | 10/20/25 | 2 | 1 | 1,027 | |
0.37 | Single-Family Home | $161,500 | 05/15/26 | 2 | 1 | 1,030 | |
0.32 | Single-Family Home | $210,707 | 09/30/25 | 2 | 1 | 1,209 | |
0.39 | Single-Family Home | $155,000 | 06/29/26 | 2 | 1 | 1,104 | |
0.24 | Single-Family Home | $156,000 | 09/03/25 | 2 | 1.5 | 1,100 | |
0.59 | Single-Family Home | $150,000 | 05/01/26 | 2 | 1 | 720 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 314 E 3rd St.
What Locals Say about O Fallon
At least 190 Trulia users voted on each feature.
94 % Say parking is easy
94 % Say it's dog friendly
88 % Say car is needed
84 % Say there are sidewalks
83 % Say streets are well-lit
80 % Say yards are well-kept
77 % Say kids play outside
77 % Say there's holiday spirit
76 % Say it's quiet
75 % Say people would walk alone at night
56 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
45 % Say there's wildlife
42 % Say it's walkable to restaurants
37 % Say there are community events
28 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 314 E 3rd St
- What is the estimated monthly payment for 314 E 3rd St?Based on a $54,900 list price with 20% down at today's rates, the estimated monthly payment for 314 E 3rd St in O'Fallon, IL is approximately $451 (about $288 principal & interest, $88 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 314 E 3rd St compare to homes in O'Fallon?314 E 3rd St in O'Fallon, IL is listed at $54,900, about 82% below the $302K median sale price in O'Fallon.
- What do residents say about O'Fallon?Residents describe O'Fallon, IL as easy to park in, dog-friendly, and pedestrian-friendly. See homes for sale in O'Fallon, IL.
- What are the closest schools to 314 E 3rd St?The closest schools to 314 E 3rd St in O'Fallon, IL are Amelia V Carriel Jr High School (rated 7/10), Estelle Kampmeyer Elementary School (Pre-K, rated 8/10), O'Fallon High School (rated 6/10).
- How big is the lot at 314 E 3rd St?The lot at 314 E 3rd St in O'Fallon, IL is about 0.16 acres (6,970 sq ft).
Janell M Schmittling, Homes By Janell
Agent Phone: (618) 444-6141

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314 E 3rd St, O'Fallon, IL 62269 is a 2 bedroom, 1 bathroom, 728 sqft single-family home built in 1912. This property is currently available for sale and was listed by MARIS on Jul 28, 2026. The MLS # for this home is MLS# 26047637.

