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Quadrant Of Lemen Settlement Rd Collinsville, IL 62234

For Sale
Contact for pricing

119 Acres, Residential Potential, Utilities Available

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional 119.94-acre development site presents a remarkable opportunity for residential construction in Collinsville, Illinois. Located in the N.W. quadrant of Lemen Settlement Road, this property boasts convenient access and existing infrastructure. The land is currently zoned for agricultural use, offering significant potential for rezoning and subdivision. The site is comprised of two parcels, one approximately 74 acres and the other approximately 45 acres, with an additional 66 acres potentially available. This presents flexibility for developers seeking various project scales. Utilities, including water, gas, and electricity, are readily available at the site, streamlining the development process and reducing initial infrastructure costs. The property's expansive size and strategic location make it ideal for a large-scale residential development project, catering to the growing demand for housing in the area. The address is in Madison/St. Clair County, Illinois, with a zip code of 62234. The asking price is $28,500 per acre. This prime location offers a compelling investment opportunity for developers seeking to capitalize on the area's growth potential. Serious inquiries are encouraged.

Property Features for 0 Quadrant Of Lemen Settlement Rd

General Information

Property type
Land
Lot Size
5,224,586 SF

HighLights

  • Excellent residential development opportunity.
  • Two contiguous sites totaling 119 acres, with an additional 66 acres potentially available.
  • Utilities (water, gas, and electric) on‑site.
  • Subdivision potential.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Collinsville
County
Madison/St. Clair
State
Illinois
Longitude
-89.9720133
Latitude
38.6844314

FAQs

What type of property is this?
Land - 119 Acres, Residential Potential, Utilities Available
Where is this land located?
The property is located at Quadrant Of Lemen Settlement Rd Collinsville, IL.
What are key features of this property?
This property features: Excellent residential development opportunity.; Two contiguous sites totaling 119 acres, with an additional 66 acres potentially available.; Utilities (water, gas, and electric) on-site.
More about this property
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