7358 Il-162Troy, IL 62294

For Sale
$499,000

1.56-Acre Retail/Hospitality Site, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 1.56-acre commercial land parcel in Troy, Illinois, presents a remarkable opportunity for development. Strategically located at 7358 IL Route 162, this property boasts 175 feet of frontage on a high-traffic road with an average daily traffic count of 14,500 vehicles. Its convenient proximity to Interstate 55 (Exit 18), just 0.3 miles away, ensures excellent accessibility and visibility. The site is zoned PDB and benefits from all utilities being readily available on-site. Further enhancing its appeal, comprehensive survey and geotechnical studies have already been completed, streamlining the development process. The property's location within close proximity to existing retail, office, and hotel establishments creates a synergistic environment, ideal for a variety of commercial ventures. This prime location, coupled with the completed due diligence, makes this a truly exceptional investment opportunity. The parcel's size and location make it suitable for a range of retail or hospitality uses. The property's APN is 09-2-22-06-00-000-016. The asking price for this exceptional property is $499,000.

Highlights

  • 1.56-acre site, 0.3 miles from I-55 Exit 18.
  • 14,500 average daily traffic (ADT).
  • Utilities readily available.
  • Completed survey and geotechnical reports.
  • Near retail, office, and hotel amenities.
  • Excellent interstate accessibility.

Property Details for 7358 Il-162

Property type
Other land, Land
Lot Size (sq. ft)
67,954 SF

Location Insight

City
Troy
County
Madison
State
Illinois
Latitude
38.7343946
Longitude
-89.9205499
7358 Il-162, Troy, Illinois

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7358 Il-162
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