Property profile

1100 S State Route 157 Edwardsville, IL 62025

FOR SALE
Other commercial real estate
Property ID
US28-3403608
4,224 SF 1.03 ac lot Built 2000
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a commercial restaurant building totaling 4,224 square feet, situated on a 1.03-acre site at a busy intersection on State Route 157 in Edwardsville’s redevelopment area. It has 195 feet of frontage along a five-lane highway near a four-way lighted intersection with an average daily traffic count of 20,000, located one lot off the corner of Center Grove Road and adjacent to a Sav-On Liquor store. The former use included an Imo’s restaurant and an ice cream store with a patio. The building contains a kitchen, a large dining area, two lavatories, a drive-up window, and a patio. The site provides 44 parking spaces. Improvements include a rolled rubber roof installed in 2016 and a remodeled restaurant dining area in 2020.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2000
Total area 4,224 SF
Lot 1.03 ac (44,867 SF)
APN 14-1-15-22-00-000-004-022
UPID US28-3403608

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1100 S State Route 157 Edwardsville, IL 62025
Edwardsville metro Census 403121 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
$696k
Blend (final) Blend
$1.09M

Owner & transaction history

since 2020
Last sale
$1.1M
3 recorded transactions
2022
Price N/A
2020
$1.1M
2019
$1.1M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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