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2149 East Frontage Road

$2,500,000

2149 East Frontage Road, Staunton, IL 62088

Active
Last Updated: 06/14/2025

12.97 acres

Lot Area

1980

Year Built

Details:
Lot Area:    12.97 acres
Year Built:    1980
MlsNumber:    25038698
Highlights:
  • Lot Dimension: 12.97 Acres
  • Tax Roll Number: 01-000-161-01
  • Annual Tax: $ 15425.0
  • Heating Fuel Type: Propane
  • Lot Size: 10-20 Acres
  • Road Type: Interstate
Description:

Discover an exceptional commercial opportunity with this expansive 12-acre property located at the crossroads of history and high traffic—where Old Route 66 meets bustling Interstate 55. Formerly a car dealership, this versatile property features seven individual buildings, offering a wide range of potential uses, from automotive sales and services to tourism, storage, and beyond. Strategically positioned for maximum visibility and access, the property benefits from constant exposure to heavy traffic along I-55, making it ideal for any business seeking high-impact signage and easy customer access. The nostalgic charm of Route 66 also adds unique appeal for entrepreneurs looking to develop a tourist destination, museum, vintage car attraction, or retro-themed marketplace. Whether you're reviving the property as a car dealership, transforming it into a secure storage facility, or launching a destination retail or entertainment hub, this site provides the space, infrastructure, and location to bring your vision to life! Upgrades and repairs include: new septic system with aeration system installed, electric wired in main building and red building, main office repainted, cat 5 cable ran throughout, service shop has 3 furnaces and air conditioners that are all now functioning properly w/ full electric and water in that building, new main billboard out front with led lighting for highway visibility & installation of Route 66 Drive Through sign–on Route 66 attraction maps and sites.

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Today's Available Mortgage Rates

2149 East Frontage Road, Staunton, Illinois 62088

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/20/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$8,184 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $1,275,000 Loan Amount
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$8,285 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 51% LTV $0 Lender fees
Loan Amount $1,275,000 Loan Amount
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$8,200 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 50% LTV $0 Lender fees
Loan Amount $1,250,000 Loan Amount
Largest Commercial Real Estate Lending
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