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    I-64 At Il 157 Caseyville, IL 62232

    Sponsored
    For Sale
    Contact for pricing

    Prime I-64 location, divisible lots. High visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional offering presents 8.5 acres of commercially zoned land (B-2) in Caseyville, Illinois, ideally situated at the intersection of I-64 and IL 157 (APN: 02-13.0-415-001/002/003/004/005). The property boasts unparalleled visibility due to its frontage on the I-64 Westbound ramp. This strategic location is surrounded by a thriving mix of national restaurants, hotels, and retail establishments, ensuring high traffic and excellent exposure for any development. The site is currently home to a Huck's Convenience Mart and First Western Inn, demonstrating the existing commercial viability of the area. The land is suitable for a variety of uses, including restaurants, hotels, retail spaces, office buildings, and entertainment venues. The 8.5-acre parcel is divisible, offering flexibility for developers seeking smaller lots ranging from 0.75 to 0.85 acres. This presents a unique opportunity to capitalize on the high-traffic location and strong existing commercial presence in this rapidly developing area of St. Clair County, Illinois, zip code 62232. The property's location offers easy access to major transportation routes, making it an attractive investment for businesses seeking high visibility and convenient access for customers.

    Property Features for I-64 At Il 157

    General Information

    Property type
    Land
    Lot Size
    370,260 SF

    HighLights

    • 8.5‑acre commercially zoned (B‑2) parcel in Caseyville, IL (APN: 02‑13.0‑415‑001/002/003/004/005), at I‑64 and IL 157 intersection.
    • Currently houses Huck's Convenience Mart and First Western Inn.
    • High visibility due to I‑64 Westbound ramp frontage; surrounded by national restaurants, hotels, and retail.
    • Excellent interstate visibility from I‑64 Westbound ramp.
    • Divisible into lots ranging from 0.75 to 0.85 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Caseyville
    County
    St. Clair
    State
    Illinois
    Longitude
    -90.0457877
    Latitude
    38.6131177

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    FAQs

    What type of property is this?
    Land - Prime I-64 location, divisible lots. High visibility.
    Where is this land located?
    The property is located at I-64 At Il 157 Caseyville, IL.
    What are key features of this property?
    This property features: 8.5-acre commercially zoned (B-2) parcel in Caseyville, IL (APN: 02-13.0-415-001/002/003/004/005), at I-64 and IL 157 intersection.; Currently houses Huck's Convenience Mart and First Western Inn.; High visibility due to I-64 Westbound ramp frontage; surrounded by national restaurants, hotels, and retail.
    (618) 570-8344
    Request Owner's contact information
    I-64 At Il 157 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.

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    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
    I-64 At Il 157 Caseyville, IL 62232
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