For Sale
$9,999,900

Il-16 Mattoon, IL 61938

89 Acres Near Major Sports Complex

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 89-acre commercial land parcel presents a unique investment opportunity in Mattoon, Illinois. Strategically located off Interstate 57 and Route 16, this property enjoys unparalleled access and visibility. The site's proximity to the upcoming Emerald Acres Sports Connection, a $60 million indoor and outdoor sports facility opening in 2024, is a significant advantage. This massive complex, spanning 150 acres, is projected to attract 580,000 visitors annually, generating $23.8 million in direct spending and 59,000 hotel room nights. This substantial influx of visitors creates a high-demand environment, making this land ideally suited for a wide range of commercial developments. The property's size and location offer significant potential for substantial returns. The asking price is $9,999,900. Don't miss this chance to capitalize on the growth spurred by this major development. The property is zoned for commercial use and is ready for immediate development. This is a rare opportunity to acquire a large, well-located parcel of land poised for significant appreciation in value. The property's address is IL-16, Mattoon, IL 61938.

Highlights

  • 89-acre commercial land parcel in Mattoon, IL.
  • Prime location off I-57 and Route 16, offering high visibility and accessibility.
  • Proximity to the upcoming $60 million Emerald Acres Sports Connection (opening 2024), projected to draw 580,000 annual visitors.
  • $9,999,900 asking price.
  • Zoned for commercial use and ready for immediate development.

Property Details for 0 Il-16

Property type
Land

Location Insight

City
Mattoon
County
Coles
State
Illinois
Latitude
39.48453747459
Longitude
-88.311159538349

FAQs

What type of property is this?
Land - 89 Acres Near Major Sports Complex
Where is the land located?
The property is located at Il-16 Mattoon, IL.
What is the asking price?
The asking price for this property is $9,999,900.
What are key features of this property?
This property features: 89-acre commercial land parcel in Mattoon, IL.; Prime location off I-57 and Route 16, offering high visibility and accessibility.; Proximity to the upcoming $60 million Emerald Acres Sports Connection (opening 2024), projected to draw 580,000 annual visitors.
How can I contact the broker?
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0 Il-16
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