Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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