2202 N Bluff Rd - Commercial LAND FOR SALE


Glen Carbon, IL 62034 544,936 SF
$2,350,000 USD
618-791-7663
2202 N Bluff Rd, Glen Carbon, IL for Sale
$2,350,000 USD
Commercial LAND - FOR SALE
1/1
544,936 SF

2202 N Bluff Rd
Glen Carbon, IL 62034


HIGHLIGHTS

  • Residual income immediately with two billboard leases and 19 storage unitsuntil that time when the area potentially gets STARS BONDS recognition!

OVERVIEW

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 18 storage units and 2 billboards for leasing income immediately until that time when a major development could be established. Unlimited potential for development! The Village of Glen Carbon has received state approval of a STAR BONDS District! STAR BOND Legislation (Illinois SB 1911) proposed 1,500 acres is roughly between the Southwest corner of I-270 South to State highway 162 & bordering State Highway 157 on the east side and I-255 on the West 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 outbuildings are being sold (AS IS) With over 1,000 feet of frontage on State Highway 157 and nearly 300 feet of frontage on State Highway 162 this affords a separate entrance and a private roadway into the future development of 4 or 5 commercial lots for mixed uses!

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/ACRE

$187,850/AC

PRICE/SF

$4 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family, Apartment Units, Auto Dealership, Convenience Store, Fast Food, Hotel, Office Park, Restaurant, Strip Center, Winery/Vineyard

LAND ACRES

12.51 AC

LAND SF

544,936 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets

ZONING

B-4 Commercial Business

APN/PARCEL ID

13-1-21-04-00-000-024

ASK ABOUT THIS PROPERTY

Jim ReppellRE/MAX AllianceMore Info
618-791-7663

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Jim ReppellRE/MAX AllianceMore Info
618-791-7663

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.