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618-277-4400

4.76 Acre Business Redevelopment Opportunity

$995,000

Listing Resources

Listing Description

Business Redevelopment Opportunity

4.76 Acres located along the NE quadrant of the I-57 and US Hwy 50 interchange in Salem, IL. Property has high visibility from I-57 with 780′ of frontage along the north and south bound ramps. Property is suitable for wide range of travel related business uses. Located in TIF and Enterprise Zone in expanding business development corridor.

Reduced Sale Price: $995,000

Listing Details

Settings
Listing No : 2152
Sale Or Lease : For Sale
Property Type(s) : Land, Land - Commercial, Land - Industrial, Land - Mixed Use
Lot Size (Acres) : 4.76 Acre(s)
Min Acres Available : 4.76 Acre(s)
Max Acres Available : 4.76 Acre(s)
Sale Price : $995,000
Sale Price Per Acre : $4.80
Building Total Sqft : 6,000 Sqft
Total Sqft Available : 6,000 Sqft
Warehouse : 6,000 Sqft
Min Divisible Sqft : 6,000 Sqft
Max Contiguous Sqft : 6,000 Sqft
Parcel No : 11-10-000-082; 11-10-000-091
Zoning : B-4 Interchange Business
Zoning By : City of Salem
TIF : Yes
Enterprise Zone : Yes
Property Tax : $10,717
Tax Year : 2018
Traffic Count : 37,500
Topography : Flat
Total Acres Available : 4.76 Acre(s)
Min Divisible Acres : 4.76 Acre(s)
Acres : 4.76 Acre(s)
Frontage : 1,148 ft
Water Provider : City of Salem
Water Provider Location : On Property
Sewer Provider : City of Salem
Sewer Provider Location : On Property
Gas Provider : Ameren Illinois
Gas Provider Location : On Property
Electric Provider : Ameren Illinois
Electric Provider Location : On Property
Interstate : At I-57, Exit 116

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