Chain Of Rocks Rd Granite City, IL 62040
- Land
- 7.31 lot acres
Current Use by Public Records
- Land
Property Details for 0 Chain Of Rocks Rd
- Lot size
- 7.31 lot acres
- Property type
- Land
Description
This exceptional 7.31-acre commercial development site presents a compelling investment opportunity in Granite City, Illinois. Located at the intersection of St. Thomas Road and West Chain of Rocks Road, this property boasts a highly desirable B-3 Highway Business zoning designation, allowing for a wide range of commercial uses. The expansive lot offers approximately 500 feet of frontage, providing excellent visibility and accessibility. Its strategic location provides less than a 5-minute drive to Interstate 270 and is just one block east of Route 3, ensuring convenient access for both customers and employees. All utilities are readily available, simplifying the development process and minimizing upfront costs. The parcel's size and zoning make it ideal for a variety of commercial projects, from retail centers and restaurants to light industrial facilities. With a total asking price of $295,000, this translates to a land value of $41,374 per acre, representing a strong value proposition in this thriving market. The property's APN is 18-1-14-29-04-401-053. This is a rare opportunity to acquire a sizable, well-located development site with significant potential for future growth and profitability. Don't miss out on this chance to secure a prime piece of commercial real estate in a strategic location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Granite City
- County
- Madison
- State
- Illinois
- Longitude
- -90.1161
- Latitude
- 38.7603