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.
Property Details
Property Features
Listing Office:
Office Name: Shelby Realty Services
Office Phone: (855) 215-3400
Lot Features
Lot Information:
Lot Size: 3.83 Acres
Other
Directions Information:
Directions: W Fayette Ave Frontage Rd. Between Culvers and Luther Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
Tax Information:
Annual Amount: $11,249
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Central Grade School
3901 S Banker St
Distance between this listing and this school3.81 miles
Public District Grades 2-6
8
/10
Teutopolis Grade School
309 E Main St
Distance between this listing and this school5.12 miles
Public District Grades PK-6
9
/10
Dieterich Elementary School
PO Box 187
Distance between this listing and this school10.67 miles
Public District Grades PK-6
Nearby Schools
6
/10
Effingham Junior High School
600 S Henrietta St
Distance between this listing and this school0.51 miles
Public District Grades 6-9
8
/10
Teutopolis Junior High School
904 W Water St
Distance between this listing and this school4.08 miles
Public District Grades 7-8
7
/10
Altamont Grade School
407 S Edwards St
Distance between this listing and this school10.76 miles
Public District Grades PK-8
Nearby Schools
4
/10
Effingham High School
1301 W Grove Ave
Distance between this listing and this school0.54 miles
Public District Grades 9-12
10
/10
Teutopolis High School
801 W Main St
Distance between this listing and this school4.16 miles
Public District Grades 9-12
4
/10
Altamont High School
7 S Ewing St
Distance between this listing and this school10.44 miles
The neighbors living near this home have an average income of $40,526. Most Effingham County, IL residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1600 W Fayette Ave
What is the listing price of this property?
The listing price of 1600 W Fayette Ave property is $1,200,000.
What type of property is this?
The property 1600 W Fayette Ave is land located in Effingham, Illinois, 62401.
Is this property for sale now?
Active Listing: 1600 W Fayette Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $11,249 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 30, 2005 for $21,000. (source: MLS/tax record).
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This home is located at 1600 W Fayette Ave in Effingham, IL and zip code 62401. This home sits on a 3.83 acre lot. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,200,000.
While more than 2 listings in Effingham County, IL in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 17 were sold below. The number of listings in Effingham County, IL increased by 0.9% between October 2024 and November 2024. In November 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $205,250.
From Rocket Homes Real Estate and based on county public records data.
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