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    2401 Mississippi Ave Sauget, IL 62201

    Sponsored
    For Sale
    $10,000,000

    91,558 SF Warehouse, Dual Rail Served

    Property size:
    91,558 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 91,558-square-foot heavy industrial warehouse in East St. Louis, Illinois, presents a unique investment opportunity. Situated on approximately 35.12 acres, the property boasts a prime location with convenient access to major interstate highways including I-55, I-64, I-44, and I-70, all within one mile. The site is zoned D-2 Heavy Industrial and features two active rail spurs served by CPKC and Terminal Railroad, totaling 4,580 linear track feet, making it ideal for intermodal and transloading operations. Three active transloading stations served by CPKC rail lines are also present, along with three above-ground storage tanks for bulk liquid storage. The warehouse itself offers a 30-foot ceiling height and four loading docks. Additional on-site amenities include certified truck scales and ample space for outdoor storage. Internal rail car switching services are available. The property's strategic location near barge access (SCF Marine & Watco) further enhances its logistical advantages. Asking price is $10,000,000. APN: 01230411019, 01230411014. Built in 1972.

    Property Features for 2401 Mississippi Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    91,558 SF

    Building Details

    Year Built
    1972

    HighLights

    • 91,558‑square‑foot heavy industrial warehouse on ~35 acres in East St. Louis, IL.
    • Prime location with easy access to I‑55, I‑64, I‑44, and I‑70 (within 1 mile).
    • Zoned D‑2 Heavy Industrial; features 4,580 linear feet of rail served by CPKC and Terminal Railroad, plus three active transloading stations.
    • Includes three above‑ground storage tanks, 30‑foot ceilings, four loading docks, certified truck scales, and ample outdoor storage.
    • $10,000,000 asking price; APN: 01230411019, 01230411014; Built in 1972.
    Property Profile Location Intelligence

    Current Use by Public Records

    Route 3 Fuel ... Gas Station Eagle Industrial Park Storage Facility Bitcoin Depot ATM Atm Jiva Resources, Inc. Recycling Center Bitcoin Depot | Bitcoin ... Atm

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Department Store Kitchen & Bath Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sauget
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.1718278
    Latitude
    38.6021322

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Distribution property - 91,558 SF Warehouse, Dual Rail Served
    Where is this distribution property located?
    The property is located at 2401 Mississippi Ave Sauget, IL.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: 91,558-square-foot heavy industrial warehouse on ~35 acres in East St. Louis, IL.; Prime location with easy access to I-55, I-64, I-44, and I-70 (within 1 mile).; Zoned D-2 Heavy Industrial; features 4,580 linear feet of rail served by CPKC and Terminal Railroad, plus three active transloading stations.
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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
    2401 Mississippi Ave Sauget, IL 62201
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