$1,200,000

1600 W Fayette Ave Effingham, IL 62401

Estimated payment $7,463/month

Total Views 14,773
3.83 Acres
$313,316 Price per Acre
166,835 Sq Ft Lot

About This Lot

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.

Listing Agent

Matt Forcum

Shelby Realty Services License #471020842 Listed on: 06/25/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,704

Lot Details

  • 3.83 Acre Lot
  • Property fronts an interstate
  • Property is zoned B-2

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • Reg Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0311019020

Property Details

Property Type

Land

Est. Annual Taxes

$11,704

Lot Details

0

Listing Details

  • Directions: W Fayette Ave Frontage Rd. Between Culver's and Luther Ave.
  • Lot Size Acres: 3.83
  • Property Sub Type: Multi Family
  • Prop. Type: Land
  • Road Surface Type: Concrete
  • Subdivision Name: Reg Sub
  • Road Frontage Type: Interstate
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Underground Utilities
  • Waterfront: No

Utilities

  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Water Available

Schools

  • Junior High Dist: Effingham Dist. 40

Lot Info

  • Lot Size Sq Ft: 166835.0
  • Parcel #: 0311019020
  • Zoning: B-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11704.0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $12,471 $183,170 $183,170 $0
2022 $11,249 $168,050 $168,050 $0
2021 $12,068 $166,390 $166,390 $0
2020 $11,850 $161,700 $161,700 $0
2019 $11,626 $160,100 $160,100 $0
2018 $11,249 $153,940 $153,940 $0
2017 $11,057 $150,920 $150,920 $0
2016 $10,824 $146,520 $146,520 $0
2015 -- $142,250 $142,250 $0
2014 -- $138,110 $138,110 $0
2013 -- $135,400 $135,400 $0
2012 -- $133,400 $133,400 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 For Sale $1,200,000 -- --
Source: Central Illinois Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $2,175,000 None Listed On Document
Special Warranty Deed $21,000 Etc
Deed $1,900,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Unknown
Previous Owner $1,200,000 Unknown
Source: Public Records

Source: Central Illinois Board of REALTORS®

MLS Number: 6243521

APN: 0311019020

Illinois Effingham County Effingham 62401

1600 W Fayette Ave, Effingham, IL

This home is located at 1600 W Fayette Ave, Effingham, IL 62401 and is currently priced at $1,200,000. 1600 W Fayette Ave is a home located in Effingham County with nearby schools including South Side Grade School, Early Learning Center, and Central Grade School.

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Matt Forcum
Listing Agent
Matt Forcum
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Shelby Realty Services
(217) 834-8620