1698 Cross St Shiloh, IL 62269

Exceptional investment opportunity: a 26.33-acre multifamily-zoned site in Shiloh, Illinois, at 1698 Cross St, 62269. This prime location boasts a superb setting adjacent to the intersection of Cross Street and Frank Scott Parkway, providing easy access to a thriving area encompassing a major hospital district, logistics centers, retail and hospitality hubs, schools, and Scott Air Force Base – the region's largest employer. The property is zoned for multifamily development and offers the potential to construct a substantial complex of 250 to 310 units. Comprehensive engineering reports (prepared by TWM) are available for review, detailing the feasibility and potential of this development. The site is free from coal undermining concerns. The asking price is $2,710,000, translating to approximately $8,741.94 per unit based on a 310-unit development. Note that provided pictures and renderings are conceptual and do not reflect approved plans. This is a rare opportunity to acquire a large, well-located parcel ideal for a significant multifamily development project. This Class A property presents a strong return on investment potential.