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1100 S State Route 157

1100 S State Route 157

Edwardsville, IL 62025

Under Contract MLS# 24019123 768 days on market

$1,800,000

$1,350,000

$320 / sq ft

📞 Call George to schedule a showing — 618-531-4000

4,224

Sq Ft Above Grade

1.03

Acres

About This Home

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.

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Property Details

MLS#24019123
StatusUnder Contract
Property TypeCommercial Sale
Property Sub-TypeUnimproved Land
Year Built2000
Sq Ft Above Grade4, 224
Lot Size Acres1.03
SubdivisionNot in a Subdivision
HeatingForced Air
CoolingCentral Air, Electric
WaterPublic
SewerPublic Sewer
Annual Taxes$34, 064 (2022)

Listing History

Listed: April 1, 2024 (768 days on market)

Viewed 3,884 times on this site.

Brokered by Coldwell Banker Brown Realtors Broker Reciprocity MARIS