2202 N Bluff Rd, Glen Carbon, IL 62034

$3,900,000

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List Price
$3,900,000
Days on Market
106
MLS#
26022044
Status
ACTIVE
Lot Size
544,935
Acres
12.51
Year Built
1892
Subdivision
Wheel Ranch
County
Madison
Listing Type
Commercial

Property Description

Perfectly located at the intersection of Highways 162 & 157 & 1 mile south of I-270. Currently under major highway construction improvements! The B-4 Commercial Zoning affords many possibilities. There are currently 19 storage units and 2 billboards for leasing income immediately until that time when a major development could be established. The current application for STAR BOND Legislation (Ilinois SB 1911) if chosen at the Southwest corner of I-270 South to State highway 162 & bordering State Highway 157 on the east side would make this location one of the most sought after properties available for development opportunities of incredible potential! The existing 3 story farmhouse and all outbuilding are being sold (AS IS) There is approximately 1000 ft of Highway frontage on 157. Possible redevelopment with 3 or 4 large commercial lots for retail, shopping or office buildings.

Additional Information

Parking Description
Driveway, Garage Faces Side, Gravel
Cooling
Central Air
Selling Terms
Cash, Conventional, Other

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Listing courtesy of RE/MAX Alliance.

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