For Sale
$421,879

2705 Park Ave Herrin, IL 62948

1.49 Acres, High-Visibility Commercial Lot

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1.49-acre commercial land parcel presents a prime investment opportunity in Herrin, Illinois. Located at 2705 South Park Avenue, this property boasts a highly visible frontage along Illinois Route 148, a primary business corridor with an average daily traffic count of 13,700 vehicles. The site benefits from its strategic location within a Tax Increment Financing (TIF) district, offering potential economic advantages. Situated just 1.5 miles north of Illinois Route 13, this property enjoys excellent accessibility and exposure to a significant volume of traffic. The land is zoned for commercial use, allowing for a wide range of development possibilities. All essential utilities are conveniently located on-site, simplifying development plans and reducing upfront costs. The property's location within a rapidly growing commercial area, surrounded by a diverse mix of businesses including offices and fast-food establishments, further enhances its appeal. The asking price is $421,879, translating to $283,140 per acre. The property's APN is 06-06-256-001 & 002. This is an exceptional opportunity to acquire a well-situated commercial lot in a thriving area.

Highlights

  • 1.49-acre commercial lot fronting IL Route 148, 1.5 miles north of IL Route 13.
  • High-visibility site with existing utilities.
  • Located within a Tax Increment Financing (TIF) district.

Property Details for 2705 Park Ave

Property type
Land
Lot Size (sq. ft)
64,904 SF

Location Insight

City
Herrin
County
Williamson
State
Illinois
Latitude
37.7685078
Longitude
-89.0271182

FAQs

What type of property is this?
Land - 1.49 Acres, High-Visibility Commercial Lot
Where is the land located?
The property is located at 2705 Park Ave Herrin, IL.
What is the asking price?
The asking price for this property is $421,879.
What are key features of this property?
This property features: 1.49-acre commercial lot fronting IL Route 148, 1.5 miles north of IL Route 13.; High-visibility site with existing utilities.; Located within a Tax Increment Financing (TIF) district.
How can I contact the broker?
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2705 Park Ave
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