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    749 State St Charleston, IL 61920-0000

    Sponsored
    For Sale
    $99,900

    1.32 Acres, Industrial Zoning, $99,900

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.32-acre commercial and industrial land parcel presents a remarkable development opportunity in Charleston, Illinois. Located at 749 West State Street, this prime corner lot boasts excellent visibility and accessibility, situated at the intersection of Route 316 and West State Street, near Decker Springs. The property benefits from readily available utilities, making it ideal for immediate construction. With a daily traffic count exceeding 6,000 vehicles, as reported by the state, this location offers significant exposure for any commercial venture. The lot is zoned for light industrial use, providing flexibility for a range of development projects. Furthermore, the possibility exists to combine this lot with the adjacent eastern parcel to create a larger 2+ acre development site. This property is situated in the Northwest Business Park, offering a strategic location for businesses seeking access to major transportation routes and a thriving local economy. The asking price is $99,900. This is a rare opportunity to acquire a well-located, ready-to-develop commercial/industrial lot in a growing area. Don't miss out on this chance to build your business in a high-traffic location with excellent visibility.

    Property Features for 749 State St

    General Information

    Property type
    Land
    Lot Size
    57,499 SF

    HighLights

    • 1.32‑acre commercial/industrial lot in Charleston, IL, at 749 West State Street.
    • Prime corner lot with excellent visibility and accessibility at Route 316 and West State Street intersection.
    • Ready for immediate construction with available utilities and over 6,000 daily vehicles passing by.
    • Light industrial zoning, offering development flexibility, with potential for combining with adjacent parcel to create a 2+ acre site.
    • Located in Northwest Business Park, offering access to major transportation routes.
    • Asking price: $99,900.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    IL
    State
    Illinois
    Longitude
    -88.195230523705
    Latitude
    39.500678614187

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.32 Acres, Industrial Zoning, $99,900
    Where is this land located?
    The property is located at 749 State St Charleston, IL.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: 1.32-acre commercial/industrial lot in Charleston, IL, at 749 West State Street.; Prime corner lot with excellent visibility and accessibility at Route 316 and West State Street intersection.; Ready for immediate construction with available utilities and over 6,000 daily vehicles passing by.
    Request Owner's contact information
    749 State St Charleston, IL 61920-0000
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    Charleston, IL 61920-0000
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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
    749 State St Charleston, IL 61920-0000
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