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1100 S State Route 157, Edwardsville, IL 62025

$1,350,000
  • 1100 S State Route 157, Edwardsville, IL 62025 Main Photo

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Active Under Contract
LOT SIZE 1.030 acres MLS#24019123
STATUSActive Under Contract PROPERTY TYPELand - Commercial SUBDIVISIONNot in a Subdivision

Property Description

NEW PRICE! SAME GREAT PROPERTY & LOCATION! 1.03 Acre Commercial Site w/restaurant located at busy intersection on State Rt 157 in the heart of Edwardsville's newest redevelopment area! 195' of frontage on 5-lane highway, near 4-way lighted intersection w/Average Daily traffic count 20,000. This site is one lot off the corner of Center Grove Rd intersection; next to the newly built Sav-On Liquor store! Former building housed Imo's restaurant on one side w/ice cream store & patio on other. Building offers: 4224 SF restaurant w/ kitchen, large dining area, 2 lavatories, drive-up window and patio. 1.03 acre site currently has 44 parking spaces. New rolled rubber roof in 2016, restaurant dining area remodeled in 2020. Location: High Traffic, Hwy/Interstate Frntg GREAT POTENTIAL! Seller is firm on price.

1100 S State Route 157 | MLS# 24019123

This land located at 1100 S State Route 157, Edwardsville, IL 62025 is currently listed for sale with an asking price of $1,350,000. The property has approximately 1.03 Acres. Search Edwardsville real estate on www.strano.com today.

Property Features

Property Type: Land - Commercial
Cooling: Central Air, Electric
Heating: Forced Air
Lot Size: 1.03 Acres
Taxes: $34,064
Year Built: 2000

Feature Descriptions

Current Use: Restaurant
Days on Site: 732
Electric: Ameren
Lot: Sprinklers In Front, Sprinklers In Rear
Parcel#: 14-1-15-22-00-000-004.022
Parking: Lighted, Open, Parking Lot, Paved, Asphalt
Parking Total: 0
Potential Use: Restaurant, Professional/Office, Warehouse, Retail, Wholesale
Road Frontage: Highway
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Brown Realtors

Shown By

Agency Title: Strano & Associates
Agency Phone: 618-277-7653

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Estimated Payment

$ 6,236.93 per month $3,004.51 Principal & Interest $2,838.67 Property Tax $393.75 Homeowner's Insurance

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