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802 & 806 Vandalia St - Redevelopment Property located on Route 159

0.25 Acres of Commercial Land Offered at £141,941 in Collinsville, IL 62234

Investment Highlights

  • Superior visibility along Route 159
  • 2 commercial zoned lots
  • Located on corner lot

Executive Summary

Great site for an office building or possible retail. All uses to be approved by the City of Collinsville prior to purchase.
NORTH LAWN SUBD PART LOTS 4 & 5 EXC R-O-W 86.79 X 108 IRREGULAR, NORTH LAWN SUBD PART LOTS 4 & 5 95.51 X 106.31 IRREGULAR

Property Facts

Price £141,941
Sale Type Owner User
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Office
Total Lot Size 0.25 AC

1 Lot Available

Lot

Price £141,941
Price Per AC £567,764
Lot Size 0.25 AC

2 adjacent lots located along Highway 159 (Vandalia) Corner lot across from Moto Mart. Great Visibility Approximately .25 acre Existing home could be converted into office but selling as-is as the listing is for a redevelopment sale.

Description

Approximately 130 Feet of Frontage along Highway 159. Corner lot add visibility. Existing House located on the 802 site being leased as residential but property is being advertised as a redevelopment site. No value is given to the house, but buyer could utilize it if they desire. Property is sold as-is condition. Currently zoned commercial - both lots.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-2-21-27-13-302-010
Land Assessment
£4,048
Improvements Assessment
£0
Total Assessment
£4,048
  • Listing ID: 27171811

  • Date on Market: 22/11/2022

  • Last Updated:

  • Address: 802 & 806 Vandalia St, Collinsville, IL 62234

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