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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


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.
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 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 3.50 AC |
| Zoning | Commercial - Commercial Businesses such as Hotels, Restaurants, Entertainment Centers etc. | ||
| 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 | Lot Size | 3.50 AC |
| Price Per AC | $342,857.14 |
| Price | $1,200,000 |
| Price Per AC | $342,857.14 |
| Lot Size | 3.50 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $69,730 | |
| Land Assessment | $21,570 | Total Assessment | $91,300 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$21,570
Improvements Assessment
$69,730
Total Assessment
$91,300
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103 MacArthur Dr - 3.5 Acre Redevopement Site
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