1600 W Fayette Ave Effingham, IL 62401
Prime development land near I-57/70 with high traffic counts.
Type:Land
- Added:
- Jun 25, 2024
- Days on Market:
- 665
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 1600 W Fayette Ave
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agent Matt Forcum License #IL 471020842
Listing office Shelby Realty Services
Listing date Jun 25, 2024
Source Crexi
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 Shelby Realty Services
Overview
Development Parcel with Highway Visibility
This development parcel offers excellent visibility and is available in its entirety or in part, for sale, lease, or build-to-suit projects. The location is ideal for travel-based hospitality, with prime adjacency to the I-57/70 corridor at Exit 159/Fayette Avenue. Nearby businesses include Ramada by Wyndham and Holiday Inn Express IHG hotels, a Phillips 66 branded C-Store, and Culver's and Hardee's QSR restaurants. The parcel is located less than half a mile from the proposed Effingham Showcase Center Sports Complex. It is situated within an Enterprise Zone, Triangle Business District, and Opportunity Zone. An EPA Phase I report and a 2024 title commitment are available for review. Ameren 3 Phase power is accessible on three sides via Circuit 566. The property benefits from high traffic volume, with over 43,000 annual average daily traffic and 21,200 annual average daily truck traffic vehicles on I-57/70, and over 12,000 annual average daily traffic vehicles along Fayette Avenue.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Effingham
- County
- Effingham
- State
- Illinois
- Longitude
- -88.564837
- Latitude
- 39.122199
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Prime development land near I-57/70 with high traffic counts.
Where is this commercial land located?
The property is located at 1600 W Fayette Ave Effingham, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location with excellent visibility adjacent to I‑57/70 corridor at Exit 159/Fayette Ave, ideal for travel‑based hospitality.; High traffic volume: Over 43,000 annual average daily traffic on I‑57/70 and over 12,000 on Fayette Ave.; Located in Enterprise Zone, Triangle Business District, and Opportunity Zone, offering potential incentives.
