1100 State Route 157 , Edwardsville | IL 62025 - MLS # 24019123

1100 State Route 157 Edwardsville, IL 62025

$1,800,000

1100 State Route 157 Edwardsville, IL 62025

4224 Square Feet

Tax History: $34064 - 2022

Estimated Payment: $8,523 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$1,800,000 , Located in EDWARDSVILLE. ZIP Code: 62025

Great Commercial Potential! 1.03 Acre Redevelopment Site located at busy intersection on State Rt 157 in Edwardsville in the heart of new development 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 corner of Center Grove Rd intersection; next to new development actively under construction! Currently Imo's restaurant, building offers: 4224 SF restaurant w/ kitchen, large dining area, 2 lavatories, drive-up window, Separate Scoops Creamery w/outdoor patio seating. 1.03 acre site currently has 44 parking spaces. New rolled rubber roof in 2016, restaurant dining area remodeled in 2020.

This property is located on 1.03 Acre(s).

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MLS#: 24019123
Listing ID: 46483
Updated: 30 days ago
Days on site: 30 days

Listing provided by

Janet Urbanek

Coldwell Banker Brown Realtors

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

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