Address
1100 S State Route 157, Edwardsville, IL
Price
$ 1,800,000
Property Attributes
  • MLS#24019123
  • TypeCommercial
  • CountyMADISON-IL
  • CityEdwardsville
  • Zip62025
  • StyleRestaurant,Office,Office Showroom,Professional Ser
  • Year Built2000
  • Taxes$ 34064
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4224
  • Lot Size1.03 Acres
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

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.

Price History
4/1/2024 Listed $1,800,000

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Electric
Utilities Cable Available,Electricity Available,Water Available,Sewer Available,Phone Available
Possession Close Of Escrow
Roof Other
Zoning Commercial
Construction Materials Conventional
Year Built 2000
Electric Ameren
Property SubType Commercial & Indr.
Tax Year 2022
Current Use One Story,Restaurant
County Madison-IL
Property Type Commercial Sale
Attached Garage No
Subdivision Name Not in a Subdivision
Possible Use Restaurant,Office,Office Showroom,Professional Service,Retail,Service Center/Wrhs,Strip Center,Wholesale Operation
Directions From Center Grove Rd turn South on S State Rt 157,second lot off corner on left. Currently Imo's Restaurant
City Edwardsville
Disclosures Unknown,No Other Known Restr
Lot Size Square Feet 44867
Street Name State Route 157
Tax Annual Amount 34064
Days on Market 1
Standard Status Active
Building Square Footage 4224.00

Interior Features

Heating Y/N Yes
Above Grade Finished Area 4224
Above Grade Finished Area Source Public Records

Exterior Features

Parking Features Lighted Parking,Parking Lot,Asphalt
Water Source Public
Inclusions Land/Building & Bus,Personal Property,Some Equipment,Some Fixtures
Lot Size Acres 1.03
Lot Size Source County Records
Road Frontage Type State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 62025

Price
AVG $1.46M
$1.8M
Taxes
AVG $5,719
$34,064
Visits
AVG 194
17
Data Provided by Inside Real Estate®
Year Built
AVG 1987
2000