342 Vermillion DriveO'Fallon, IL 62269

Description

Looking for an affordable, spacious home in a great neighborhood under $230,000 in O'Fallon, Illinois? Located in highly desired O'Fallon School Districts 90 (K-8) and 203 (9-12), this versatile property features a brand-new roof (September 2026), newer HVAC, a tankless water heater, an oversized two-car garage, and a fenced backyard with a deck and storage shed. The main level offers flexible living space with potential for up to five bedrooms—including a dedicated office space (potential 4th bdrm), a main-floor family room, a full bath, a large laundry room with mud sink, and a bonus room with a private mini-split system ideal for a home gym, office or 5th bedroom. Upstairs features a spacious loft, an eat-in kitchen with deck walkout, and three bedrooms, including a primary suite with a private bath.  Important Agent & Buyer Notes:  -Sold strictly AS-IS; buyer is responsible for occupancy compliance after closing. -Cash or Conventional loans only (NO FHA or VA loans). -Agent owned. -If not under contract by November 4th, home will be removed from the market for renovation.... Don't miss this rare investment opportunity to build instant equity in O'Fallon. Schedule your private tour today! Buyers and agents to verify all dimensions, square footage, school boundaries, and city permitting.  Initial Occupancy Inspection is attached to the MLS listing.  Amazing upside equity: Once renovated, value could exceed $350,000.  Home is a raised ranch and has quality comparables to bi levels.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Raised Ranch

Year built

1998

Living area

2,163 Sq Ft

Lot size

0.23 acres

Garage spaces

2

Days on market

27

MLS^® Listing#

26041675

Property Features

Cooling

Central Air

Heating

Forced Air

Fireplace

Family Room

Lot features

Back Yard

Construction

Brick Veneer · Vinyl Siding

Utilities

Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

OFALLON DIST 90

Middle

OFALLON DIST 90

High

OFallon

Financial Details

HOA

None

Annual taxes

$6,616Tax year 2025

Parcel number

04-18.0-304-001