$228,800

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.