Listing Agency: Barber Murphy

Listed By: Cole Hensel · License #IL 475.203645 Show Phone

Source: Crexi

Added: Oct 17, 2020 Changed: Oct 4 Last Checked: Oct 16 at 8:14AM

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Investment Insights

Based on property information with market context.

This 93.43 +/- acre redevelopment site, formerly the Ameren Meredosia Plant, is located on the east bank of the Illinois River in Meredosia, Illinois, northwest of Jacksonville, in Morgan County. The site features an 800-foot dock line on the Illinois River, offering potential for bulk material commodity operations with adaptation of the existing dock and bucket unloader. A clam shell bucket unloader, mounted on a river cell, could be renovated and re-used, and a spare bucket is provided. USACE permit number 823, issued August 20, 1941, and modified May 17, 1963, permitted the river structures, while permit number 741, issued July 9, 1958, permitted the coal conveyor. The property benefits from heavy utilities on site and a nearby Norfolk Southern rail spur. High voltage, bulk electrical power is available from Ameren Illinois, along with natural gas, Meredosia city water, and sanitary sewers. Truck access is convenient via Illinois Route 67, Interstate 72 (east-west), and Interstate 55 (north-south), with I-72 Exit 46 just 15 miles away. Note that the coal plant is closed and will be abated then demolished. The bulk power substations will remain Ameren property and in operation.

Key Highlights

• 93.43 +/- acre redevelopment site.
• Heavy utilities on site: High voltage bulk electrical power, natural gas, city water, and sanitary sewers are available.
• 800' dock line on the Illinois River, potentially adaptable for bulk material commodity handling.

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Auto Repair Shop Garden Center Storage Facility Building Supply Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Explore this area Business Placement

Demographics for 62665, IL

1,279

Population

766

Households

1.7

Avg Household Size

47

Median Age

10%

College-Educated

92%

High-School Grad

44.8 sq mi

ZIP Area

29

Density / Sq Mi

$53,229

Median Household Income

$35,972

Median Earnings

$663

Median Rent

$59,200

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Frequently Asked Questions

What type of property is this?

Industrial land - 93.43-acre former power plant site with river access.

Where is this industrial land located?

The property is located at 800 South Washington Meredosia, IL.

What are key features of this property?

This property features: 93.43 +/- acre redevelopment site.; Heavy utilities on site: High voltage bulk electrical power, natural gas, city water, and sanitary sewers are available.; 800' dock line on the Illinois River, potentially adaptable for bulk material commodity handling.