Rt. 157 Glen Carbon, IL 62034
- Land
- 30.52 lot acres
Current Use by Public Records
- Land
Property Details for 0 Rt. 157
- Lot size
- 30.52 lot acres
- Property type
- Land
Description
This exceptional 30.52-acre commercial land parcel presents a remarkable investment opportunity in Glen Carbon, Illinois. Strategically located at the southeast corner of the I-270 and Illinois Route 157 interchange (Exit 9), this property boasts unparalleled visibility and accessibility. Zoned for general commercial use, it offers significant potential for a variety of developments. All essential utilities are available on-site. The property's adjacency to the Hampton Inn & Suites and its proximity (2 miles south) to Southern Illinois University Edwardsville (SIUE) further enhance its desirability. A conceptual development plan, "Sunset Terrace," illustrates potential road layouts and lot configurations, suggesting suitability for mixed-use commercial and residential projects. The two parcels included are 14-1-15-32-00-000-007.001 (20 acres) and 14-1-15-33-00-000-013 (10.52 acres). The asking price is $1,750,000, translating to $57,339 per acre. This prime location, coupled with its size and zoning, makes this an ideal investment for developers seeking high-impact commercial projects in a thriving community. Don't miss this chance to acquire a significant piece of land in a rapidly growing area.
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
- Glen Carbon
- County
- Madison
- State
- Illinois
- Longitude
- -90.0064
- Latitude
- 38.7529
