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41 E MacArthur Dr - 3.5 Acre Redevopement Site 3.5 Acres of Commercial Land Offered at $1,637,292 CAD in Cottage Hills, IL 62018


Investment Highlights
- Prime redevelopment site adjacent to I-255 exit
- Located in an Enterprise Zone offering tax incentives
- Owner will clear existing structure upon contract acceptance
- Zoned General Commercial with broad permitted uses
- Preliminary plan includes hotel, restaurants, and convenience store
- Approximately 40 miles from MidAmerica St. Louis Airport
Executive Summary
This 3.5-acre redevelopment site at 41 E MacArthur in Bethalto, Illinois offers a prime opportunity for investors and developers seeking a strategic location with exceptional visibility and access. Situated adjacent to the I-255 exit, the property benefits from strong traffic flow and connectivity to major regional corridors, making it ideal for hospitality, dining, retail, or entertainment concepts. Zoned General Commercial and located within an Enterprise Zone, this site provides significant tax incentives and a business-friendly environment designed to support growth and profitability.
The preliminary site plan envisions a dynamic mixed-use development featuring a hotel, restaurants, and a convenience store, catering to both local residents and travelers. The owner will demolish the existing structure upon execution of a sales contract, streamlining the redevelopment process and reducing upfront costs for the buyer. Bethalto’s strategic position near the St. Louis metropolitan area and just 40 miles from MidAmerica St. Louis Airport enhances its appeal for regional and national operators seeking expansion opportunities.
With strong demographics, excellent highway access, and a supportive municipality, this property represents a rare chance to capitalize on a high-visibility location in a growing market. Whether you’re planning a flagship hospitality project or a vibrant retail destination, 103 MacArthur offers the flexibility and advantages to bring your vision to life.
The preliminary site plan envisions a dynamic mixed-use development featuring a hotel, restaurants, and a convenience store, catering to both local residents and travelers. The owner will demolish the existing structure upon execution of a sales contract, streamlining the redevelopment process and reducing upfront costs for the buyer. Bethalto’s strategic position near the St. Louis metropolitan area and just 40 miles from MidAmerica St. Louis Airport enhances its appeal for regional and national operators seeking expansion opportunities.
With strong demographics, excellent highway access, and a supportive municipality, this property represents a rare chance to capitalize on a high-visibility location in a growing market. Whether you’re planning a flagship hospitality project or a vibrant retail destination, 103 MacArthur offers the flexibility and advantages to bring your vision to life.
Property Facts
| Price | $1,637,292 CAD | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Total Lot Size | 3.50 AC |
| No. Lots | 1 | ||
| Zoning | Commercial - Commercial Businesses such as Hotels, Restaurants, Entertainment Centers etc. | ||
| Price | $1,637,292 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.50 AC |
| Zoning | Commercial - Commercial Businesses such as Hotels, Restaurants, Entertainment Centers etc. |
1 Lot Available
Lot
| Price | $1,637,292 CAD | Lot Size | 3.50 AC |
| Price Per AC | $467,797.73 CAD |
| Price | $1,637,292 CAD |
| Price Per AC | $467,797.73 CAD |
| Lot Size | 3.50 AC |
3.5-acre redevelopment site
Property Taxes
| Parcel Numbers | Improvements Assessment | $94,957 CAD | |
| Land Assessment | $29,374 CAD | Total Assessment | $124,331 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$29,374 CAD
Improvements Assessment
$94,957 CAD
Total Assessment
$124,331 CAD
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41 E MacArthur Dr - 3.5 Acre Redevopement Site
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