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    7421 Illinois St Caseyville, IL 62232

    Sponsored
    For Sale
    $75,000

    1.71 Acres, High Traffic, I-64 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.71-acre commercial land parcel presents a unique investment opportunity in Caseyville, Illinois. Located at 7421 North Illinois Street, this property boasts a prime location just off Interstate 64, ensuring high visibility and accessibility. The land is zoned County Residential, offering flexibility for various commercial development projects. Its strategic position near the Stonewolf Golf Club further enhances its appeal, providing exposure to a significant demographic. With immediate access to IL-159 (North Illinois Street), this site benefits from excellent traffic flow. The asking price is $75,000, translating to a land value of $1 per square foot. The property's APN is 03-16.0-401-005. Caseyville's location in southwestern Illinois, approximately 13 miles from St. Louis, Missouri, provides convenient access to a major metropolitan area, expanding the potential market reach for any development. This high-traffic site offers significant potential for a variety of commercial ventures. The 1.71-acre lot provides ample space for construction, and its proximity to major roadways ensures easy access for customers and employees. Don't miss this chance to acquire a valuable piece of commercial real estate in a rapidly growing area.

    Property Features for 7421 Illinois St

    General Information

    Property type
    Land
    Lot Size
    74,488 SF

    HighLights

    • High‑traffic location near Stonewolf Golf Club.
    • 1.7‑acre parcel with direct access to IL‑159 (N Illinois Street).
    • Broker‑owned property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Garden Center Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Caseyville
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.98611
    Latitude
    38.619417

    Nearby Comparable

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      1.71 acre development site in Caseyville, Illinois.
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      Cleared Land Ready for Construction

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      Restaurant Building with High Visibility

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      Mixed-Use Property in Fairview Heights

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      Luxury Hotel & Conference Center

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      O'Fallon Corner Development Opportunity

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    • Contact for pricing
      1.21 Acres

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      Prime IL land, 8 lots available.
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    Nearby Similar for Sale

    • $499,000
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      Pool Hall/Bar Restaurant Opportunity

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      Caseyville 8-Unit Apartment Complex

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      Office/Warehouse/Shop Space For Sale

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      Caseyville Office/Warehouse For Sale

      4,764 SF Office/Warehouse, Excellent Location
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    FAQs

    What type of property is this?
    Land - 1.71 Acres, High Traffic, I-64 Access
    Where is this land located?
    The property is located at 7421 Illinois St Caseyville, IL.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: High-traffic location near Stonewolf Golf Club.; 1.7-acre parcel with direct access to IL-159 (N Illinois Street).; Broker-owned property.
    (502) 767-4199
    Request Owner's contact information
    7421 Illinois St Caseyville, IL 62232
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    Caseyville, IL 62232
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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
    7421 Illinois St Caseyville, IL 62232
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