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$1,200,000   Price Analysis
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1600 W Fayette Ave
Effingham, IL 62401
Unknown bed 0 bath unknown SqFt ($0/SqFt)
3.83 acre lot.
Listed 2024-06-25, Taxes $12,068		Ⓧ USDA Ineligible
due to property
near Effingham

Excellent visibility development parcel available in all or part

For sale or lease or build-to-suit project. Prime location for travel based hospita lity 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 n I57/70 and over 12, 000 annual average daily traffic vehicles along Fayette Ave.


Presented by Matt Forcum at
Shelby Realty Services.
Listing Agent Photo

Property MLS #6243521 from CentralIllinois

Interstate Access
Underground Util
Road Surface Type: Concrete

Lot Size Acres: 3.83
Lot Size Square Feet: 166835

School District: Effingham Dist. 40

Effingham Junior High School is a public middle school located approximately 0.5 miles away.
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Effingham High School is a public high school located approximately 0.5 miles away.
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Early Learning Center is a public elementary school located approximately 3 miles away.
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Sacred Heart Elementary School is a private elementary and middle school located approximately 0.4 miles away.
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Annual Tax Amount: 11704.00
Source Listing Status: Active
County: Effingham
Directions: W Fayette Ave Frontage Rd. Between Culver's and Luther Ave.
Tax Year: 2022
Source Property Type: Lots and Land
Source Neighborhood: Reg Sub
Parcel Number: 0311019020
Subdivision: Reg Sub
Zoning: B-2
Property Subtype: Multi Unit
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2021$unknown + $166,390
$166,390		$12,068
2020$unknown + $161,700
$161,700		$11,850
2019$unknown + $160,100
$160,100		$11,625
2018$unknown + $153,940
$153,940		$11,249
2017$unknown + $150,920
$150,920		$11,057
2016$unknown + $146,520
$146,520		$10,824
2015$unknown + $142,250
$142,250		$10,584
2014$unknown + $138,110
$138,110		$10,029
2013$unknown + $135,400
$135,400		$9,837
2012$unknown + $133,400
$133,400		$9,625
2010$605,790 + $133,400
$739,190		$53,424
2009$599,790 + $132,080
$731,870		$53,286
2008$571,230 + $125,790
$697,020		$51,252
2007$544,030 + $119,800
$663,830		$47,177

Listed 2024-06-25
$1,200,000
MRED
Listed 2024-06-25
$1,200,000
CentralIllinois
Sold 2024-05-06
$725,000
Public Record
Listing removed 2023-07-22
$950,000
MRED
Listing removed 2020-03-06
$0
CentralIllinois
Relisted 2019-08-08
$950,000
CentralIllinois
Listing removed 2019-08-02
$0
CentralIllinois
Relisted 2019-02-04
$1,099,000
CentralIllinois
Listing removed 2019-02-02
$0
CentralIllinois
Listed 2018-11-27
$1,099,000
CentralIllinois
Listing removed 2017-03-01
$1,099,000
CentralIllinois
Relisted 2017-02-07
$1,099,000
CentralIllinois
Listing removed 2017-01-23
$1,099,000
CentralIllinois
Listing removed 2016-07-13
$1,099,000
CentralIllinois
Listing removed 2015-08-17
$1,200,000
CentralIllinois

Sewer: City Sewer
Electric
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.