4700 Il-157 Edwardsville, IL 62025
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 4700 Il-157
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional 1-acre commercial land parcel, located at 4700 IL-157 in Edwardsville, Illinois (62025), presents a compelling investment opportunity. Zoned for Neighborhood Commercial use, this property boasts convenient access to major transportation arteries, including I-270 (half a mile), I-255, and I-70 (within a 2.5-mile radius). Its strategic location on South State Route 159 ensures high visibility, with an average daily traffic count of 18,500 vehicles. The property's APN is 14-2-15-35-04-405-001. Utilities are conveniently located on-site. This site is part of the Metro East region in Southern Illinois, approximately 20 miles from St. Louis, and sits between Maryville, Glen Carbon, and Edwardsville city centers. The surrounding 15-mile radius boasts a population of approximately 406,320 residents, supported by major employers such as Anderson Hospital, Ameren, and Southern Illinois University. The area's thriving economy encompasses manufacturing, logistics, healthcare, retail, and hospitality sectors. The asking price is $350,000.20, translating to a land value of $3.65 per square foot. Note that an adjacent 1-acre lot is also available, and both parcels can be sold separately or together. This property offers significant potential for development and strong returns.
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
- Edwardsville
- County
- Madison
- State
- Illinois
- Longitude
- -89.9461
- Latitude
- 38.8179
