11478 Imhoff Ln Johnston City, IL 62951
- Commercial land
- 2.59 lot acres
Current Use by Public Records
- Commercial land
Property Details for 11478 Imhoff Ln
- Lot size
- 2.59 lot acres
- Property type
- Commercial land
- APN
- 02-14-400-025
- APU
- 214400025
Description
This exceptional 41.47-acre commercial land parcel presents a unique investment opportunity in Johnston City, Illinois. Strategically located at the northwest corner of I-57 exit 59, this property boasts over 660 feet of frontage on the recently expanded six-lane highway, experiencing over 40,000 vehicles daily. Its proximity to Marion, IL (five minutes north) and the newly opened Walker's Bluff Casino & Convention Center (approximately 20 minutes west) ensures high visibility and accessibility. Currently zoned B-2 Primary Business District, the property offers flexibility for various commercial developments, including truck stops, hotels, restaurants, or strip malls. All city utilities are available, and TIF incentives may be accessible. The property includes a modern two-story brick building currently utilized as showroom and office space. The seller is willing to divide and sell or lease portions of the land, catering to diverse development needs. This prime location and versatile offering make this an exceptional opportunity for significant commercial growth. The address is 11478 Imhoff Lane, Johnston City, IL 62951. Asking price is $8,916,050.
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
- Johnston City
- County
- Williamson
- State
- Illinois
- Longitude
- -88.9488
- Latitude
- 37.8182
- CBSA code
- 16060
- CBSA name
- CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
