For Sale
$750,000

705 Illinois Rte Collinsville, IL 62234

1-Acre Retail Lot, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1-acre commercial lot, located at 705 Illinois Route 157 in Collinsville, Illinois (zip code 62234), presents a unique investment opportunity. Priced at $750,000 ($17.22/SF land value), this property offers significant potential for new retail or restaurant development. The lot is zoned D Hp-1 (Hospitality Park District), allowing for a variety of uses, and includes 50 parking spaces. Its prime location boasts high visibility and accessibility, situated adjacent to a new Popeyes and Jimmy John's, and in close proximity to major retailers such as Home Depot, Walmart, and a proposed Chick-fil-A. The site is conveniently located north of Eastport Plaza, near the I-55/I-70 interchange, ensuring excellent traffic flow and customer access. This value-add investment is available for sale, ground lease, or build-to-suit options, with drive-thru potential. The site will be filled to grade, simplifying development. With a total area of 5,999 square feet, this property is ready for immediate development. This is an ideal opportunity for investors seeking a high-growth area with strong demographics and established commercial presence. Contact us today to learn more about this exceptional property.

Highlights

  • New retail/restaurant space available for lease, build-to-suit, or sale; drive-thru possible.
  • Excellent location north of Eastport Plaza, near I-55/I-70 interchange.
  • HP-1 (Hospitality Park District) zoning.
  • Site will be fully graded.
  • Near Home Depot, Walmart, and a planned Chick-fil-A.

Property Details for 705 Illinois Rte

Property type
Retail properties, Land
Square Feet
5,999 SF
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Collinsville
County
Madison
State
Illinois
Latitude
38.685517611015
Longitude
-90.010405538046

FAQs

What type of property is this?
Retail property - 1-Acre Retail Lot, High-Traffic Location
Where is the retail property located?
The property is located at 705 Illinois Rte Collinsville, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: New retail/restaurant space available for lease, build-to-suit, or sale; drive-thru possible.; Excellent location north of Eastport Plaza, near I-55/I-70 interchange.; HP-1 (Hospitality Park District) zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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705 Illinois Rte
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