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Property profile & analytics
OFF-MARKET
Land

5305-5315 Illinois St Fairview Heights, IL 62208

2.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.18-acre commercial development opportunity is located in Fairview Heights, Illinois, at 5305-5315 N. Illinois (IL-159), boasting 382 feet of frontage south of St. Clair Square. The property, identified by APN 03-33.0-210-020;021;024;03-33.0-212-028, is zoned B3, offering significant flexibility for a variety of commercial uses. The site currently features three small structures that can be readily vacated, allowing for immediate redevelopment. This prime location benefits from exceptional visibility and accessibility, situated along a high-traffic corridor with an average daily traffic count of 25,600 vehicles on Route 159. The asking price has been significantly reduced to $400,000, presenting a compelling investment opportunity for developers seeking a strategic location in a thriving market. The property's size and zoning make it ideal for a wide range of commercial projects, capitalizing on the high traffic volume and proximity to St. Clair Square. This is a rare chance to acquire a substantial commercial parcel in a desirable location at a reduced price. Don't miss this opportunity to secure a prime piece of Fairview Heights real estate.

Property profile
Verified
Property type Land
Lot 2.18 ac (94,961 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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