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    519 State Hwy 146 Hwy McClure, IL 62957

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 519 State Hwy 146 Hwy

    Property type
    Land

    Description

    This exceptional 540,000 USD commercial land parcel, located at 519 State Highway 146 in McClure, Illinois (zip code 62957), presents a unique investment opportunity. Situated in Alexander County, this property boasts an unparalleled location, described as the most prominent bar/club site in the area, benefiting from extensive parking—significantly exceeding the capacity of many car dealerships. The ample parking eliminates customer frustration often associated with limited parking in high-traffic commercial areas. The property's strategic position along State Highway 146 offers exceptional visibility and accessibility, further enhanced by the recent construction of a 100 million USD, four-lane bridge that directs a substantial volume of traffic directly past the property. This presents a rare chance for businesses in various sectors, including car sales, farm implements, or farm/landscape supplies, to acquire a significant land holding on both sides of the highway. The potential exists for a multi-property package deal, offering substantial expansion opportunities. This property's prime location and extensive parking make it an ideal investment for businesses seeking high visibility and accessibility in a thriving community. The property is zoned for commercial use.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    McClure
    County
    Alexander
    State
    Illinois
    Longitude
    -89.4971
    Latitude
    37.2955

    Comparable in this City

    • Value Estimation by Request

      536 State Hwy 146 Hwy

      Distribution properties
      536 State Hwy 146 Hwy, McClure, IL 62957
      View Details
    • Value Estimation by Request

      589 State Hwy 146 Hwy

      Retail properties
      589 State Hwy 146 Hwy, McClure, IL 62957
      View Details
    • Value Estimation by Request

      592 State Hwy 146 Hwy

      Restaurants
      592 State Hwy 146 Hwy, McClure, IL 62957
      View Details
    • Value Estimation by Request

      517 State Hwy 146 Hwy

      Land
      517 State Hwy 146 Hwy, McClure, IL 62957
      View Details
    • Value Estimation by Request
      0.01 Acres

      Mc Clure, IL 62957

      COMMERCIAL (GENERAL) • 0.01 Acres
      Mc Clure, IL 62957
      View Details
    • Value Estimation by Request
      1.16 Acres

      Mc Clure, IL 62957

      COMMERCIAL (GENERAL) • 1.16 Acres
      Mc Clure, IL 62957
      View Details

    Similar Nearby for Sale

    • $499,900

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    • $499,900
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      so you're a big time dreamer

      eh? ... nothing says the current use is carved in stone. Check out surrounding commercial properties offering a once-in-a-lifetime opportunity at a package deal to OWN just over 8 ACRES of commercial property on BOTH sides of this 4-Lane highway with 0ver 1
      592 State Hwy 146 Hwy, McClure, IL 62957
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    • $120,000
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      McClure Commercial Land - Highway Frontage

      Prime 2.4-acre commercial parcels, highway access.
      517 State Hwy 146 Hwy, McClure, IL 62957
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    • $1,155,000
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      Productive Farmland Tract For Sale

      154+/- acre tillable farmland tract with excellent access.
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    519 State Hwy 146 Hwy
    McClure, IL 62957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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