11478-1 Imhoff Ln Johnston City, IL 62951
- Land
- 23.82 lot acres
Current Use by Public Records
- Land
Property Details for 11478-1 Imhoff Ln
- Lot size
- 23.82 lot acres
- Property type
- Land
Description
This exceptional 23.82-acre commercial land parcel presents a remarkable investment opportunity in Johnston City, Illinois. Strategically located at the northwest corner of I-57 exit 59, this property boasts over 660 feet of I-57 frontage, benefiting from the high traffic volume of over 40,000 cars daily on the recently expanded six-lane highway. Its proximity to Marion, IL (five minutes north) and the newly opened Walker's Bluff Casino & Convention Center (approximately 20 minutes west) makes it ideally suited for a variety of commercial developments. Currently zoned B-2 Primary Business District, the zoning could potentially be modified. The property includes a modern two-story brick building currently used as a showroom and office space. All city utilities are available, and Tax Increment Financing (TIF) incentives are also an option. The seller is willing to divide the land and sell or lease portions, with an additional 17.65 acres also available. This prime location is perfect for a truck stop, hotel, restaurant, or strip mall. The property's address is 11478 Imhoff Lane, Johnston City, IL 62951. Asking price is $5,121,300.
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
- Johnston City
- County
- Williamson
- State
- Illinois
- Longitude
- -88.9475
- Latitude
- 37.8191
