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1100 S State Route 157, Edwardsville, IL, 62025

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.

Subdivision: Not in a Subdivision

List Price

$ 1,350,000

Status

Active Under Contract

Days on market

888

MLS#

24019123

Bedrooms

0

Full baths

0

Sq. Ft. Above

4,224

Subdivision

Not in a Subdivision

County

Madison-IL

Property Type

Commercial Sale

Transaction Type

Sale

Type

Commercial Sale

Age

24

Additional Information

Property Tax (2022)

$34,064

Recent Nearby Sales in 62025

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
320 Willow Creek Drive, Edwardsville, IL 62025 3/3 1,591 $350,000 $350,000
100% of ask
Sep 4, 2026
459 Tamarach Drive, Edwardsville, IL 62025 3/3 1,413 $395,000 $397,065
100.5% of ask
Sep 4, 2026
40 Country Club Drive, Edwardsville, IL 62025 6/6 3,130 $1,450,000 $1,350,000
93.1% of ask
Sep 4, 2026
0 Trio Lane, Edwardsville, IL 62025 0/0 -- $437,740 $410,000
93.7% of ask
Sep 4, 2026
419 Cass Avenue, Edwardsville, IL 62025 3/2 1,470 $186,900 $215,000
115% of ask
Sep 3, 2026
803 Schwarz Road, Edwardsville, IL 62025 5/4 2,099 $589,000 $580,000
98.5% of ask
Sep 3, 2026

Price & Listing History

Listed for sale
Apr 1, 2024 at $1,700,000
Price reduced by $350,000 (20.6%)
From $1,700,000 to $1,350,000
Current status: Active Under Contract
As of Apr 28, 2026 · $1,350,000

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