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.
| MLS # | 26020679 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 155 |
| Listing Provided By | RE/MAX Alliance | Jim Reppell |
| Zoning | Commercial |
|---|---|
| Acreage | 12.51 |
| Lot Features | Adjoins Wooded Area, Bluff, Corner Lot, Near Public Transit, Some Trees, Undeveloped |
|---|
| Parking Features | Driveway, Garage Faces Side, Gravel |
|---|
| Community Features | Public Bus, Trail(s) |
|---|---|
| Senior Community Yes / No | No |
| Utilities | Electricity Connected, Natural Gas Available, Water Available |
|---|---|
| Electric | Single Phase, Other |
| Property | 4845 |
|---|
| State | IL |
|---|---|
| County | Madison |
| City | Glen Carbon |
| Zip Code | 62034 |
| Community Name | Wheel Ranch |
| School District | Collinsville |
| Elementary School | COLLINSVILLE DIST 10 |
| High School | Collinsville |
| Listing VS Median (in Wheel Ranch) | |
Price: $2,350,000 low | high Med: $2,350,000 On site: 155 low | high Med: 150 | |
| State | IL |
|---|---|
| County | Madison |
| City | Glen Carbon |
| Zip Code | 62034 |
| Community Name | Wheel Ranch |
| School District | Collinsville |
| Elementary School | COLLINSVILLE DIST 10 |
| High School | Collinsville |
| Listing VS Median (in Wheel Ranch) | |
Price: $2,350,000 low | high Med: $2,350,000 On site: 155 low | high Med: 150 | |