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    1601 Evergreen Ave Effingham, IL 62401
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    Property profile & analytics

    1601 Evergreen Ave Effingham, IL 62401


    • Commercial real estate
    • 1.50 lot acres
    Off-Market
    Last Sale Jan 14, 2025
    $816,000
    Property ID
    US28-5162394
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $815,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1601 Evergreen Ave

    Lot size
    1.50 lot acres
    Property type
    Commercial real estate
    APN
    03-11-019-124
    APU
    311019124

    Description

    This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in Effingham, Illinois. Strategically located at 1601 W Evergreen Ave, this property boasts unparalleled visibility due to its adjacency to the I-57/I-70 corridor, a major transportation artery. The site benefits from high traffic counts, averaging 43,300 vehicles daily on the interstate and 31,000 on local routes (IL-32/33), with an additional 5,600 vehicles passing directly along W Evergreen Avenue. Zoned B-5 Highway Commercial District, this land is ideally suited for a variety of commercial uses. The property is designated as an Opportunity Zone, offering potential tax advantages for qualified investors. The asking price is $929,900, and the ownership is fee simple. Parcel numbers are 0311019124 and 0619201004. This is a rare chance to acquire a highly visible and strategically located commercial lot in a thriving area. Don't miss this opportunity to capitalize on the significant traffic volume and prime location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Effingham
    County
    Effingham
    State
    Illinois
    Longitude
    -88.5653
    Latitude
    39.1344
    CBSA code
    20820
    CBSA name
    EFFINGHAM, IL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,755
    $40,460
    $0.00
    $40,460
    -
    $121,380
    $0.00
    $121,380
    More about this property
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