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2202 N Bluff Rd 12.51 Acres of Commercial Land Offered at $5,299,203 CAD in Glen Carbon, IL 62034
Investment Highlights
- Residual income immediately with two billboard leases and 19 storage unitsuntil that time when the area potentially gets STARS BONDS recognition!
Executive Summary
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)
Property Facts
| Price | $5,299,203 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 12.51 AC |
| Property Type | Land | ||
| Zoning | B-4 Commercial Business | ||
| Price | $5,299,203 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 12.51 AC |
| Zoning | B-4 Commercial Business |
1 Lot Available
Lot
| Price | $5,299,203 CAD | Lot Size | 12.51 AC |
| Price Per AC | $423,597.37 CAD |
| Price | $5,299,203 CAD |
| Price Per AC | $423,597.37 CAD |
| Lot Size | 12.51 AC |
Bluff property with over 1,000 feet of level highway frontage on State highway 157 and additional frontage on the north at State highway 162. Unlimited potential for development especially if STAR BONDS is approved!
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 13-1-21-04-00-000-024 | Improvements Assessment | $39,585 CAD |
| Land Assessment | $77,570 CAD | Total Assessment | $117,156 CAD |
Property Taxes
Parcel Number
13-1-21-04-00-000-024
Land Assessment
$77,570 CAD
Improvements Assessment
$39,585 CAD
Total Assessment
$117,156 CAD
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2202 N Bluff Rd
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