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Commercial Land with I-57 Frontage
For Sale
$8,916,050

11478-1 Imhoff Lane, Johnston City, IL 62951

41.47 acres with 660+ feet of I-57 frontage and a two-story brick showroom/office building on site.

Property SizeContact for details
Lot Size41.47 Acres
Days on Market46

Property Features for 11478-1 Imhoff Lane

General Information

Standard status Active
Lot size 41.47 Acres
Zoning Comme

Site & Location

Traffic Count 40,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $224

Building Details

Year Built 1950
Stories 2
Listing Agency: Berkshire Hathaway HomeServices Speckman Realty
Listed By: LISA SANFORD · License #471002971
Source: Lisasanford.idxbroker
Added: Jul 6 Changed: Aug 16 Last Checked: Aug 20 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Speckman Realty

Investment Insights

Based on property information with market context.

This 41.47-acre commercial land offering includes 660+ feet of I-57 frontage and a modern two-story brick building currently used as a showroom and office space. The property can be divided and sold or leased, including the option to lease or sell the ground level.

The site is located at the northwest corner of the I-57 exit 59 for Johnston City. Public remarks indicate more than 40,000 cars per day on I-57 following a recent six-lane expansion, and city utilities are available. TIF incentives are also noted as available. The property is described as positioned near an official access point to a newly opened Walker’s Bluff Casino and convention center, approximately 20 minutes west of the exchange.

Zoned B-2 Primary Business District, the property is described as potentially eligible for zoning changes. Buyers may consider the mix of land frontage plus existing showroom/office improvements for development or alternative commercial uses referenced in the materials, including a truck stop, hotel, restaurant, or strip mall.

Key Highlights

  • 41.47‑acre property for sale or lease at the northwest corner of I‑57 exit 59 (Johnston City, IL).
  • 660+ feet of I‑57 frontage near the official exit off I‑57 (Exit 59).
  • Two‑story brick building on site being used as a showroom and office space.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 62951, IL

5,136
Population
2,705
Households
1.9
Avg Household Size
44
Median Age
17%
College-Educated
89%
High-School Grad
27.7 sq mi
ZIP Area
185
Density / Sq Mi
$49,694
Median Household Income
$36,087
Median Earnings
$854
Median Rent
$89,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 41.47 acres with 660+ feet of I-57 frontage and a two-story brick showroom/office building on site.
Where is this commercial land located?
The property is located at 11478-1 Imhoff Lane Johnston City, IL.
What is the asking price?
The asking price for this property is $8,916,050.
What are key features of this property?
This property features: 41.47‑acre property for sale or lease at the northwest corner of I‑57 exit 59 (Johnston City, IL).; 660+ feet of I‑57 frontage near the official exit off I‑57 (Exit 59).; Two‑story brick building on site being used as a showroom and office space.
More about this property
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