Listing Agency: CENTURY 21 Bailey & Co. t***@yahoo.com Show Phone

Listed By: Kenbra Knight · License #IL

Source: Crexi

Added: Apr 11 Changed: Jul 23 Last Checked: Jul 30 at 2:30PM

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Investment Insights

Based on property information with market context.

This corner commercial development site consists of five lots (as identified by parcel numbers listed in the offering) totaling 0.80 acres. The property is described as ready for development, with utilities available and the site graded for construction.

Located at the intersection of Rt 203 and 5th St, the property is positioned on a major traffic corridor. It is approximately 2.5 miles from I-70/55 and about 2 miles from World Wide Technology Raceway. The site is also noted to be within the TIF district.

Key Highlights

• Corner lot totaling five combined parcels for a total of 0.80 acres (Madison, IL)
• Ready for development with all utilities available and the site is graded
• Located on a major traffic corridor at the intersection of Rt 203 and 5th St

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply (Bike/Boat/Book/etc) Store

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

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

297

Businesses Nearby

Explore this area Business Placement

Demographics for 62060, IL

3,865

Population

2,018

Households

1.9

Avg Household Size

40

Median Age

7%

College-Educated

82%

High-School Grad

3.5 sq mi

ZIP Area

1,104

Density / Sq Mi

$40,139

Median Household Income

$35,762

Median Earnings

$1,019

Median Rent

$53,600

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Corner lot totaling five combined parcels with utilities available and graded for development.

Where is this commercial land located?

The property is located at 1902 5th Street Madison, IL.

What are key features of this property?

This property features: Corner lot totaling five combined parcels for a total of 0.80 acres (Madison, IL); Ready for development with all utilities available and the site is graded; Located on a major traffic corridor at the intersection of Rt 203 and 5th St