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    Il-159 Caseyville, IL 62235

    • Land
    • 31.05 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Il-159

    Lot size
    31.05 lot acres
    Property type
    Land

    Description

    This exceptional 31.05-acre commercial development site presents a unique investment opportunity in Caseyville, Illinois. Strategically located at the entrance to the Tanglewood Residential Development, this property boasts unparalleled visibility and convenient access to Interstate 64 (exit 12), placing it just 16 miles from downtown St. Louis, Missouri. The site features 1,239 feet of frontage on IL Route 159 and includes three signalized curb cuts, significantly enhancing accessibility and development potential. The property is zoned B-2 and PUD, offering flexibility for a wide range of commercial uses. With an asking price of $2,000,000, this translates to a land value of $64,412 per acre. The property's location within an Enterprise Zone provides additional economic incentives. The parcel consists of four contiguous lots with APNs: 03-04.0-403-027; 03-08.0-116-040; 03-04.0-400-050; and 03-04.0-400-049. This prime location, coupled with its advantageous zoning and infrastructure, makes this an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable development site in a rapidly growing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Caseyville
    County
    St Clair
    State
    Illinois
    Longitude
    -90.0256606
    Latitude
    38.6367162
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    Il-159
    Caseyville, IL 62235
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
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