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 18 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. Call you favorite realtor to request rough concept plan for redevelopment.
0 Bed
0 Bath
0 sq.ft
$0 per sq.ft
$ 2,350,000
Active
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26022044
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Wheel Ranch
Madison-IL
Commercial Sale
Commercial Sale
$4,845
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 433 Westchester, Glen Carbon, IL 62034 | 4/4 | 2,928 | $665,000 | $665,000 100% of ask |
Aug 7, 2026 |
| 107 Crystal Gate Lane, Glen Carbon, IL 62034 | 3/4 | 2,160 | $440,000 | $445,000 101.1% of ask |
Aug 6, 2026 |
| 7053 Richmond Drive, Glen Carbon, IL 62034 | 4/2 | 1,988 | $426,000 | $415,000 97.4% of ask |
Aug 6, 2026 |
| 266 Smola Woods Court, Glen Carbon, IL 62034 | 3/3 | 1,763 | $420,000 | $420,000 100% of ask |
Aug 4, 2026 |
| 222 Sturbridge Boulevard, Glen Carbon, IL 62034 | 4/4 | 2,203 | $415,000 | $415,000 100% of ask |
Aug 3, 2026 |
| 33 Fox Meadow Lane, Glen Carbon, IL 62034 | 0/0 | 1,687 | $300,000 | $275,000 91.7% of ask |
Jul 31, 2026 |
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