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103 MacArthur Dr - 3.5 Acre Redevopement Site 3.5 Acres of Commercial Land Offered at $1,200,000 in Cottage Hills, IL 62018

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INVESTMENT HIGHLIGHTS

  • Prime redevelopment site adjacent to I-255 exit
  • Located in an Enterprise Zone offering tax incentives
  • Owner will clear existing structure upon contract acceptance
  • Zoned General Commercial with broad permitted uses
  • Preliminary plan includes hotel, restaurants, and convenience store
  • Approximately 40 miles from MidAmerica St. Louis Airport

EXECUTIVE SUMMARY

This 3.5-acre redevelopment site at 103 MacArthur in Bethalto, Illinois offers a prime opportunity for investors and developers seeking a strategic location with exceptional visibility and access. Situated adjacent to the I-255 exit, the property benefits from strong traffic flow and connectivity to major regional corridors, making it ideal for hospitality, dining, retail, or entertainment concepts. Zoned General Commercial and located within an Enterprise Zone, this site provides significant tax incentives and a business-friendly environment designed to support growth and profitability.
The preliminary site plan envisions a dynamic mixed-use development featuring a hotel, restaurants, and a convenience store, catering to both local residents and travelers. The owner will demolish the existing structure upon execution of a sales contract, streamlining the redevelopment process and reducing upfront costs for the buyer. Bethalto’s strategic position near the St. Louis metropolitan area and just 40 miles from MidAmerica St. Louis Airport enhances its appeal for regional and national operators seeking expansion opportunities.
With strong demographics, excellent highway access, and a supportive municipality, this property represents a rare chance to capitalize on a high-visibility location in a growing market. Whether you’re planning a flagship hospitality project or a vibrant retail destination, 103 MacArthur offers the flexibility and advantages to bring your vision to life.

PROPERTY FACTS

Price $1,200,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 3.50 AC
Zoning Commercial - Commercial Businesses such as Hotels, Restaurants, Entertainment Centers etc.

1 LOT AVAILABLE

Lot

Price $1,200,000
Price Per AC $342,857.14
Lot Size 3.50 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 19-2-08-11-11-201-008.001
  • 19-2-08-11-11-201-024.001
  • 19-2-08-11-11-201-025
  • 19-2-08-11-11-201-027
Land Assessment
$21,570
Improvements Assessment
$69,730
Total Assessment
$91,300
  • Listing ID: 39030712

  • Date on Market: 1/9/2026

  • Last Updated:

  • Address: 103 MacArthur Dr, Cottage Hills, IL 62018

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