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.
0 Bed
0 Bath
4,224 sq.ft
$450 per sq.ft
$ 1,350,000
Active Under Contract
888
24019123
0
0
4,224
Not in a Subdivision
Madison-IL
Commercial Sale
Sale
Commercial Sale
24
$34,064
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 |
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