705 Illinois RteCollinsville, IL 62234

  • Retail properties
  • 5,999 SF
For Sale
$750,000 View listing

Property Details for 705 Illinois Rte

Lot size
1.00 AC
Property size (Sq ft)
5,999 SF
Property type
Retail properties
Property subtype
Land

Description

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.

Location Insight

City
Collinsville
County
Madison
State
Illinois
Latitude
38.6855
Longitude
-90.0104

FAQs

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