Property profile

1101 Wesley Rd Creve Coeur, IL 61610

FOR SALE
Commercial land
Property ID
US28-1610449
16.89 ac lot
Entity Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 40-acre commercial and industrial land parcel, situated in Creve Coeur, Illinois, presents a unique investment opportunity. The property, encompassing three lots (Lot 1: 8.817 acres, Lots 2 & 3: 16.21 and 15.156 acres respectively), offers unparalleled access to both barge and rail transportation. Lot 1 boasts direct barge and rail access, while Lots 2 and 3 provide convenient rail access. This strategic location, just off Interstate 474, provides easy access to Route 29 and Wesley Road in the North Pekin area. The property's proximity to established businesses, including McDonald's, various car dealerships, and numerous restaurants, further enhances its appeal. Its riverfront location adds to its desirability. The asking price for this expansive property is $2,100,000. Additional information is available upon request. This is an ideal location for businesses requiring efficient transportation and logistics solutions. The property's size and infrastructure make it suitable for a wide range of industrial and commercial uses. Don't miss this chance to acquire a significant piece of prime Illinois real estate. The zip code is 61610, and the property is located in Tazewell County.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 16.89 ac (735,728 SF)
APN 04-04-12-300-008
UPID US28-1610449

Cap rate & NOI

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

Location

1101 Wesley Rd Creve Coeur, IL 61610
Creve Coeur metro Census 20500 PEORIA, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
4 recorded transactions
2019
Price N/A
2018
$1.4M
2018
$1.4M
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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