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    Main St Shiloh, IL 62269

    Sponsored
    For Sale
    $196,020

    Prime Commercial Land, I-64 Frontage, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 76.8-acre commercial land parcel presents a unique investment opportunity in Shiloh, Illinois. Zoned for agricultural use, this property boasts significant development potential, ideally suited for office or retail projects. The land offers 1,468 feet of frontage along I-64, a major thoroughfare with a high average daily traffic count of 56,700 vehicles. Its strategic location along the planned Frank Scott Parkway extension provides excellent accessibility and visibility. Furthermore, the property's proximity to Memorial East Hospital and the Siteman Cancer Center, along with its convenient location within five minutes of Scott Air Force Base and St. Louis Mid America Airport, makes it highly attractive for a variety of commercial uses. The property's assessed parcel number (APN) is 04-33.0-300-020/021. The asking price is $196,020, translating to a land value of $4 per square foot. This substantial acreage offers significant upside for developers seeking a prime location with exceptional access and visibility in a rapidly growing area. The property is located at North Main St, Shiloh, IL 62269.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    3,345,408 SF

    HighLights

    • $196,020 asking price for 76.8 acres of commercial land.
    • Agricultural zoning.
    • $4/SF land value.
    • APN: 04‑33.0‑300‑020/021.
    • Located in Shiloh, IL, 62269, on North Main St, St. Clair County.
    • Excellent site for office or retail development; 1,468 feet of I‑64 frontage (56,700 ADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shiloh
    County
    St. Clair
    State
    Illinois
    Longitude
    -89.8892688
    Latitude
    38.5715683

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, I-64 Frontage, High Traffic
    Where is this land located?
    The property is located at Main St Shiloh, IL.
    What is the asking price?
    The asking price for this property is $196,020.
    What are key features of this property?
    This property features: $196,020 asking price for 76.8 acres of commercial land.; Agricultural zoning.; $4/SF land value.
    (618) 407-4240
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    Main St Shiloh, IL 62269
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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
    Main St Shiloh, IL 62269
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