Perfectly located at the intersection of Highways 162 & 157 & 1 mile south of I-270. Currently under major highway construction improvements! The B-4 Commercial Zoning affords many possibilities. There are currently 19 storage units and 2 billboards for leasing income immediately until that time when a major development could be established. The current application for STAR BOND Legislation (Ilinois SB 1911) if chosen at the Southwest corner of I-270 South to State highway 162 & bordering State Highway 157 on the east side would make this location one of the most sought after properties available for development opportunities of incredible potential! The existing 3 story farmhouse and all outbuilding are being sold (AS IS) There is approximately 1000 ft of Highway frontage on 157. Possible redevelopment with 3 or 4 large commercial lots for retail, shopping or office buildings.
0 Bed
0 Bath
0 sq.ft
$0 per sq.ft
$ 2,350,000
Active
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26020679
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Wheel Ranch
Collinsville DIST 10
Madison-IL
Land
Land
$4,845
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 4 Olivia Lane, Glen Carbon, IL 62034 | 3/3 | 1,382 | $265,000 | $270,000 101.9% of ask |
Sep 4, 2026 |
| 125 Northlane Drive, Glen Carbon, IL 62034 | 4/3 | 2,274 | $409,900 | $420,000 102.5% of ask |
Sep 4, 2026 |
| 215 Ashford Drive, Glen Carbon, IL 62034 | 4/4 | 2,176 | $499,000 | $515,000 103.2% of ask |
Sep 3, 2026 |
| 281 Fountain Drive, Glen Carbon, IL 62034 | 5/5 | 2,617 | $700,000 | $700,000 100% of ask |
Sep 3, 2026 |
| 35 A&B Fox Meadow Lane, Edwardsville, IL 62034 | 0/0 | 1,680 | $375,000 | $345,000 92% of ask |
Aug 31, 2026 |
| 204 Meridian Oaks Drive, Glen Carbon, IL 62034 | 4/3 | 2,183 | $499,900 | $480,000 96% of ask |
Aug 31, 2026 |
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