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    519 State Highway 146 Mcclure, IL 62957

    For Sale
    $540,000

    High-traffic location, huge potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 3.67-acre commercial property at 519 State Highway 146 in McClure, Illinois, presents a rare investment opportunity. Currently operating as a well-established bar/club, its prominent location boasts unparalleled visibility and accessibility. The property features an expansive parking area, significantly larger than most comparable businesses, eliminating customer parking frustrations. The sheer size of the parking lot offers substantial expansion potential, allowing for significant development. Beyond the existing structure, the truly unique aspect of this offering lies in the potential for a much larger acquisition. The property presents the possibility of acquiring additional land, totaling over 10 acres, encompassing both sides of the highway. This would provide an extensive frontage along the highway, significantly increasing the property's value and development potential. The recent construction of a $100 million, four-lane bridge directly increases traffic flow past the property, creating an ideal location for a variety of commercial ventures. The possibilities are vast, ranging from a mega auto complex or junior college to a medical clinic or other large-scale development. This is a once-in-a-lifetime chance to secure a substantial commercial property with exceptional growth potential in a high-traffic area. The asking price is $540,000.

    Property Features for 519 State Highway 146

    General Information

    Property type
    Other commercial real estate
    Lot Size
    159,865 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Mcclure
    County
    Alexander-IL
    State
    Illinois
    Longitude
    -89.4969
    Latitude
    37.29543

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      so you're a big time dreamer

      eh? ... nothing says the current use is carved in stone. Check out surrounding commercial properties offering a once-in-a-lifetime opportunity at a package deal to OWN just over 8 ACRES of commercial property on BOTH sides of this 4-Lane highway with 0ver 1
      592 State Hwy 146 Hwy, McClure, IL 62957
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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, huge potential.
    Where is this commercial real estate located?
    The property is located at 519 State Highway 146 Mcclure, IL.
    What is the asking price?
    The asking price for this property is $540,000.
    749-2947
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    519 State Highway 146 Mcclure, IL 62957
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    Mcclure, IL 62957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    519 State Highway 146 Mcclure, IL 62957
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