7358 Il-162 Troy, IL 62294
- Land
- 1.56 lot acres
Current Use by Public Records
- Land
Property Details for 7358 Il-162
- Lot size
- 1.56 lot acres
- Property type
- Land
Description
This exceptional 1.56-acre commercial land parcel in Troy, Illinois, presents a remarkable opportunity for development. Strategically located at 7358 IL Route 162, this property boasts 175 feet of frontage on a high-traffic road with an average daily traffic count of 14,500 vehicles. Its convenient proximity to Interstate 55 (Exit 18), just 0.3 miles away, ensures excellent accessibility and visibility. The site is zoned PDB and benefits from all utilities being readily available on-site. Further enhancing its appeal, comprehensive survey and geotechnical studies have already been completed, streamlining the development process. The property's location within close proximity to existing retail, office, and hotel establishments creates a synergistic environment, ideal for a variety of commercial ventures. This prime location, coupled with the completed due diligence, makes this a truly exceptional investment opportunity. The parcel's size and location make it suitable for a range of retail or hospitality uses. The property's APN is 09-2-22-06-00-000-016. The asking price for this exceptional property is $499,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Madison
- State
- Illinois
- Longitude
- -89.9205
- Latitude
- 38.7344
