705 Illinois RteCollinsville, IL 62234

For Sale
$750,000

1-Acre Retail Lot, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
92
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
Other retail properties, Other 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
705 Illinois Rte, Collinsville, Illinois

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705 Illinois Rte
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