Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    60 Four Corners Ln East St. Louis, IL 62207

    For Sale
    $395,000

    Prime 4.1-acre commercial property, $395,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6,180-square-foot commercial property, formerly known as PT's Show Club, presents a unique investment opportunity in East St. Louis, Illinois. Located at 60 Four Corners Ln, 62207, this versatile property sits on a mostly flat 4.1-acre lot zoned for commercial use. The building itself is offered as-is, including all existing furniture, fixtures, and equipment (FFE). Its previous use as a restaurant and bar suggests potential for similar ventures, however, the property's size and zoning offer a wide range of possibilities. Entrepreneurs could explore various options, such as industrial uses, contractor or landscaper operations, truck parking and outside storage, or even the development of income-producing self-storage units. Religious organizations may also find this location suitable. The property's location in St. Clair County provides convenient access to major transportation routes. Prospective buyers are responsible for conducting their own due diligence regarding permitted uses. This is a remarkable chance to acquire a substantial property with significant redevelopment potential at an attractive price point of $395,000. The expansive lot size and existing building provide a solid foundation for a variety of business ventures.

    Property Features for 60 Four Corners Ln

    General Information

    Property type
    Restaurants
    Lot Size
    178,596 SF

    HighLights

    • $395,000 asking price.
    • 4.1‑acre lot.
    • 6,180 sq ft building.
    • Includes all furniture, fixtures, and equipment (FFE).
    • Commercial zoning.
    • Suitable for various uses including industrial, storage, or religious purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sweet Bella's Adult Entertainment Club PTS Adult Entertainment Club PT's Centreville Adult Entertainment Club Pony T's Adult Entertainment Club

    Suggested Use

    Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    East St. Louis
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.1000097
    Latitude
    38.5573254

    Nearby Comparable

    • $275,000
      6,180 SF

      Cahokia Redevelopment Opportunity on 4.1 Acres

      6,180 SF building on 4.1 acres, ideal for redevelopment.
      60 Four Corners Ln, East Saint Louis, IL 62207
      View Details
    • $475,000
      10,080 SF

      Former Nightclub on 3.43 Acres

      Versatile 10,000+ SF building on 3.43 acres in Cahokia Heights.
      244 South 88Th St, East St Louis, IL 62207
      View Details
    • $595,000
      10,080 SF

      East St. Louis Bar & Restaurant

      10,080 SF Commercial Property, $595,000
      243 88Th St, East St. Louis, IL 62207
      View Details
    • $425,000
      10,080 SF

      Former Nightclub with Redevelopment Potential

      Versatile 10,000+ SF building on 3.43 acres in Cahokia, IL.
      243 S 88Th St, East Saint Louis, IL 62207
      View Details
    • Contact for pricing
      1.29 Acres

      East St Louis Commercial Land

      Large, level commercial lot suitable for various uses.
      6330 Church Rd, East St Louis, IL 62207
      View Details
    • $350,000

      Office/Warehouse with Outdoor Storage

      5,880 SF office/warehouse with fenced, rocked yard.
      7610 Chase Ln, East Saint Louis, IL 62207
      View Details

    Nearby Similar for Sale

    • $595,000
      10,080 SF

      East St. Louis Bar & Restaurant

      10,080 SF Commercial Property, $595,000
      243 88Th St, East St. Louis, IL 62207
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime 4.1-acre commercial property, $395,000
    Where is this restaurant located?
    The property is located at 60 Four Corners Ln East St. Louis, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price.; 4.1-acre lot.; 6,180 sq ft building.
    Request Owner's contact information
    60 Four Corners Ln East St. Louis, IL 62207
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    60 Four Corners Ln
    East St. Louis, IL 62207
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    60 Four Corners Ln East St. Louis, IL 62207
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.