Illinois State Rte 162 Maryville, IL 62062
- Land
- 1.75 lot acres
Current Use by Public Records
- Land
Property Details for 0 Illinois State Rte 162
- Lot size
- 1.75 lot acres
- Property type
- Land
Description
This exceptional 1.75-acre commercial land parcel is strategically located on Illinois State Route 162 in Maryville, Illinois, 62062 (APN: 13-1-21-02-03-301-010.001). Boasting a prime location just one block west of Illinois Route 159, this property offers unparalleled visibility and accessibility. Situated within a Tax Increment Financing (TIF) district, this site presents a compelling investment opportunity. An adjoining 2.24-acre lot is also available for purchase, providing potential for expansion or development synergy. The area features a mix of retail and office spaces, further enhancing its commercial viability. This location is highly convenient, less than half a mile from Anderson Hospital and Interstate access, ensuring easy access for employees and customers. All essential utilities are readily available, including city water and sewer services, along with Ameren Illinois for gas and electricity. The property is zoned B-1, allowing for a variety of commercial uses. The asking price is $349,000, representing a price per acre of $199,428. This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving area.
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
- Maryville
- County
- Madison
- State
- Illinois
- Longitude
- -89.9668
- Latitude
- 38.7385