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103 MacArthur Dr - MacArthur

3.5 Acres of Commercial Land Offered at $1,225,000 in Cottage Hills, IL 62018

Investment Highlights

  • Adjacent to Interstate Highway 255.

Executive Summary

Excellent opportunity for multi-use, 3.5 acre property zoned general commercial with over 40,000 VPD traffic count daily and great visibility from I-255 in business-friendly Bethalto, IL. This property is in the RIVERBEND ENTERPRISE ZONE. This property is near the St. Louis Regional Airport, and already has a preliminary site survey to include plans for possible hotel, restaurants and convenience store. Past use of the building was for industrial manufacturing. Seller financing available with a 3-5 term contingent upon buyer and seller agreement of terms. OWNER WILL DEMOLITION OF THE EXISTING STRUCTURE AT OWNERS EXPENSE UPON ACCEPTED SALES CONTRACT. Bring your business ideas to life with this space.

Property Facts

Price $1,225,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.50 AC

1 Lot Available

Lot

Price $1,225,000
Price Per AC $350,000
Lot Size 3.50 AC

Made up of (5) Adjacent Parcels.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 19-2-08-11-11-201-008.001
  • 19-2-08-11-11-201-025
  • 19-2-08-11-11-201-027
  • 19-2-08-11-11-201-024.001
Land Assessment
$20,110
Improvements Assessment
$65,000
Total Assessment
$85,110

zoning

Zoning Code Commercial (Commercial Businesses such as Hotels, Restaurants, Entertainment Centers etc.)
Commercial (Commercial Businesses such as Hotels, Restaurants, Entertainment Centers etc.)
  • Listing ID: 31798463

  • Date on Market: 5/14/2024

  • Last Updated:

  • Address: 103 MacArthur Dr, Cottage Hills, IL 62018

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