1600 W Fayette Avenue Effingham IL 62401 MLS #6243521

1600 W Fayette Avenue
Effingham, IL, 62401
$1,200,000
Beds
0 Baths
0 SqFt
3.83 Acres
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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.

Property Details

Price:
$1,200,000
MLS #:
6243521
Status:
Active
Beds:
0
Baths:
0
Address:
1600 W Fayette Avenue
Type:
Land
Subtype:
MultiFamily
Subdivision:
Reg Sub
City:
Effingham
Listed Date:
Jun 25, 2024
State:
IL
ZIP:
62401
Lot Size:
166,835 sqft / 3.83 acres (approx)
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School District:
Effingham Dist. 40

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Financial

Tax Year
2022
Taxes
$11,704

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