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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 2,350,000

Est. payment | -/mo

12.51 Acres Lot

Save

$ 2,350,000

Est. payment | -/mo

Save

12.51 Acres Lot

Key Details

Property Type Vacant Land, Other Rentals

Listing Status Active

Purchase Type For Sale

Subdivision Wheel Ranch

MLS Listing ID 26020679

Annual Tax Amount $4,845

Lot Size 12.510 Acres

Acres 12.51

Lot Dimensions 12.51 acres

Property Description

Perfectly located at the intersection of Highways 162 & 157 & 1 mile south of I-270. Currently under major highway construction improvements! The B-4 Commercial Zoning affords many possibilities. There are currently 19 storage units and 2 billboards for leasing income immediately until that time when a major development could be established. The current application for STAR BOND Legislation (Ilinois SB 1911) if chosen at the Southwest corner of I-270 South to State highway 162 & bordering State Highway 157 on the east side would make this location one of the most sought after properties available for development opportunities of incredible potential! The existing 3 story farmhouse and all outbuilding are being sold (AS IS) There is approximately 1000 ft of Highway frontage on 157. Possible redevelopment with 3 or 4 large commercial lots for retail, shopping or office buildings.

Location

State IL

County Madison

Zoning Commercial

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Available, Water Available

View Y/N No

Building

Lot Description Adjoins Wooded Area, Bluff, Corner Lot, Near Public Transit, Some Trees, Undeveloped

Schools

Elementary Schools Collinsville Dist 10

Middle Schools Collinsville Dist 10

High Schools Collinsville

School District Collinsville Dist 10

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Jim Reppell • RE/MAX Alliance

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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2202 N Bluff Rd. Glen Carbon, IL 62034