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1505 N Tower Dr - 6.05 Acres with 280' of I-64 Frontage
6.05 Acres of Commercial Land Offered at $595,000 in Okawville, IL 62271
Investment Highlights
- Highly Visible with 280' of Frontage on I-64
- Former Set Up for the Sale of Manufactured Homes
- Traffic Count: 31,000 VPD on I-64
- Excellent Redevelopment Site
Executive Summary
Formerly used for the sale of Manufactured Homes. Electric hookups remain for display homes.
Excellent Site for Redevelopment
TIF District
Highly Visible with 280’ of Frontage on I-64
Close proximity to Roland Barkau Golf Course
Utilities on Site
Traffic Count: 31,000 VPD on I-64
Zoned HB1 (Highway Business)
TIF District
Parcel No. 12-06-16-427-004
SALE PRICE: $595,000.00
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $595,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 6.05 AC |
| Property Type | Land |
| Price | $595,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 6.05 AC |
1 Lot Available
Lot
| Price | $595,000 | Lot Size | 6.05 AC |
| Price Per AC | $98,347.11 |
| Price | $595,000 |
| Price Per AC | $98,347.11 |
| Lot Size | 6.05 AC |
6.05 Acres Highly Visible with 280' of Frontage on I-64. Acreage contains a 1,400 SF Office Building with a 4,800 SF Pole Barn. Formerly used for the sale of Manufactured Homes. Electric hookups remain for display homes.
Description
6.05 Acres Highly Visible with 280' of Frontage on I-64. Acreage contains a 1,400 SF Office Building with a 4,800 SF Pole Barn. Formerly used for the sale of Manufactured Homes. Electric hookups remain for display homes. Excellent Redevelopment Site TIF District Highly Visible with 280’ of Frontage on I-64 Close proximity to Roland Barkau Golf Course Utilities on Site Traffic Count: 31,000 VPD on I-64 Zoned HB1 (Highway Business) TIF District Parcel No. 12-06-16-427-004 SALE PRICE: $595,000.00
PROPERTY TAXES
| Parcel Number | 12-06-16-427-004 | Total Assessment | $59,460 |
| Land Assessment | $24,623 | Annual Taxes | ($1) |
| Improvements Assessment | $34,837 | Tax Year | 2023 Payable 2024 |
PROPERTY TAXES
zoning
| Zoning Code | HB1 (HB1 (Highway Business): Village of Okawville) |
| HB1 (HB1 (Highway Business): Village of Okawville) |
Presented by
1505 N Tower Dr - 6.05 Acres with 280' of I-64 Frontage
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