$ 1,200,000
1600 W Fayette Avenue Effingham, IL 62401
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$ 1,200,000
Est. payment | /mo
3.83 Acres Lot
$ 1,200,000
Est. payment | /mo
3.83 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Reg Sub
MLS Listing ID 12094363
Annual Tax Amount $11,704
Tax Year 2022
Lot Size 3.830 Acres
Property Description
Excellent visibility development parcel available in all or part, for sale or lease, or build-to-suit project. Prime location for travel based hospitality with prime adjacency to I57/70 corridor at I57 Exit 159/Fayette Ave. Neighbors include Ramada by Wyndham and Holiday Inn Express IHG hotels, Phillips 66 branded C-Store and Culver's and Hardee's QSR. Located under 1/2 mile from location of proposed Effingham Showcase Center Sports Complex. This parcel is Located in an Enterprise Zone, Triangle Business District, and Opportunity Zone. EPA Phase I and 2024 title commitment available for review. Ameren 3 Phase available on 3 sides (Circuit 566). Over 43,000 annual average daily traffic and 21,200 annual average daily truck traffic vehicles on I57/70 and over 12,000 annual average daily traffic vehicles along Fayette Ave.
Location
State IL
County Effingham
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby, Electric to Site, Gas Nearby, Sanitary Sewer, Cable Available, Water Nearby
Waterfront false
View Y/N true
Schools
School District 40, 40, 40
Others
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Matt Forcum • Shelby Realty Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "