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

    5305-5315 Illinois St Fairview Heights, IL 62208

    Sponsored
    For Sale
    $400,000

    Prime 2.18-acre redevelopment site. High traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.18-acre commercial development opportunity is located in Fairview Heights, Illinois, at 5305-5315 N. Illinois (IL-159), boasting 382 feet of frontage south of St. Clair Square. The property, identified by APN 03-33.0-210-020;021;024;03-33.0-212-028, is zoned B3, offering significant flexibility for a variety of commercial uses. The site currently features three small structures that can be readily vacated, allowing for immediate redevelopment. This prime location benefits from exceptional visibility and accessibility, situated along a high-traffic corridor with an average daily traffic count of 25,600 vehicles on Route 159. The asking price has been significantly reduced to $400,000, presenting a compelling investment opportunity for developers seeking a strategic location in a thriving market. The property's size and zoning make it ideal for a wide range of commercial projects, capitalizing on the high traffic volume and proximity to St. Clair Square. This is a rare chance to acquire a substantial commercial parcel in a desirable location at a reduced price. Don't miss this opportunity to secure a prime piece of Fairview Heights real estate.

    Property Features for 5305-5315 Illinois St

    General Information

    Property type
    Land
    Lot Size
    94,961 SF

    HighLights

    • $400,000 asking price.
    • 2.18‑acre commercial development site.
    • B3 zoning.
    • Located at 5305‑5315 N. Illinois, Fairview Heights, IL 62208 (APN: 03‑33.0‑210‑020;021;024;03‑33.0‑212‑028).
    • 382 feet of frontage on IL‑159.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Hotel & Motel Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairview Heights
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.9852411
    Latitude
    38.5799768

    Nearby Similar for Sale

    • $280,000
      Pending

      Income-Generating Triplex in Fairview Heights

      Triplex with main house and two apartments, income potential.
      10 Hill Dr, Fairview Heights, IL 62208
      View Details
    • $275,000
      2,716 SF

      Fully Leased Retail Investment Opportunity

      Fully leased retail building on a high-traffic location.
      10227 Lincoln Trl, Fairview Heights, IL 62208
      View Details
    • $185,000
      Pending

      Well-Maintained Tri-Plex in Fairview Heights

      Full-brick tri-plex with recent upgrades and income potential.
      10 Hill Dr, Fairview Heights, IL 62208
      View Details
    • $180,000
      1,736 SF

      Fairview Heights Ranch Duplex

      Ranch-style duplex with income potential in Fairview Heights, IL.
      126 Union Hill Rd, Fairview Heights, IL 62208
      View Details
    • $225,000
      1,257 SF

      Fairview Heights Retail Opportunity

      Retail property in high-traffic area near major retailers.
      5105 N Illinois St, Fairview Heights, IL 62208
      View Details
    • $199,000
      1,540 SF

      Fairview Heights Car Wash Business

      Self-serve car wash with 4 bays on a busy highway.
      9509 Saint Clair Ave, Fairview Heights, IL 62208
      View Details
    • $1,255,500
      5,080 SF

      Medical Space with Long-Term Tenant

      Stable healthcare investment with a reputable tenant and rent increases.
      5 Ludwig Dr, Fairview Heights, IL
      View Details
    • $3,500,000
      14,295 SF

      Renovated Showroom and Service Center

      Recently renovated showroom and service center with high traffic visibility.
      501 Salem Pl, Fairview Heights, IL
      View Details
    • $799,000
      7,820 SF

      Mixed-Use Property in Fairview Heights

      5,940 SF building with office, warehouse, and showroom space.
      5515 Old Collinsville Rd, Fairview Heights, IL 62232
      View Details
    • $475,000
      1,500 SF

      Free-Standing Building on St. Clair

      2,500 SF building at signalized intersection, excellent visibility.
      10050 St Clair Ave, Fairview Heights, IL
      View Details
    • $950,000
      12,500 SF

      Fairview Heights Retail Investment Opportunity

      12,500 SF retail property with high occupancy and CAP rate.
      10251 Lincoln Trl, Fairview Heights, IL
      View Details
    • $725,000
      2,400 SF

      Retail Space in Main Corridor

      Well-maintained retail space near Schnucks and St. Clair Square Mall.
      513 Lincoln Hwy, Fairview Heights, IL
      View Details

    FAQs

    What type of property is this?
    Land - Prime 2.18-acre redevelopment site. High traffic.
    Where is this land located?
    The property is located at 5305-5315 Illinois St Fairview Heights, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: $400,000 asking price.; 2.18-acre commercial development site.; B3 zoning.
    (618) 973-5507
    Request Owner's contact information
    5305-5315 Illinois St Fairview Heights, IL 62208
    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.
    5305-5315 Illinois St
    Fairview Heights, IL 62208
    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
    5305-5315 Illinois St Fairview Heights, IL 62208
    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.