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Mixed-Use Land for Sale in Grayville, Illinois

Helm St. and Stephenson St, Grayville, IL 62844

$970,000
27.7 acres
Active sale
ago
Est $8,029/mo

HELM ST. AND STEPHENSON ST., GRAYVILLE - Here's a rare opportunity to acquire 27.71 +/- acres of strategically located commercial property in Grayville, offering exceptional visibility and convenient access to Illinois Route 1 and Interstate 64. A large portion of the property is situated within Phase II of the bustling Grayville I-64 Plaza, with an entrance near the intersection of Helm and Stephenson Streets. Whether you're looking to establish a new business, develop a commercial project, expand an existing operation, or secure a strategically located tract for future development, this property offers tremendous potential. The property consists of four contiguous parcels and is currently a combination of vacant commercial land and agricultural ground, with a considerable portion presently in agricultural production. The property is currently zoned commercial/agricultural, with a potential variance for light industrial use subject to approval. City water, sewer, and natural gas, along with Wayne-White Electric service, are available nearby, although no utility hookups are currently connected to the property. As seller, the City of Grayville will consider subdividing the property for the right business or businesses, and potential incentives may be available. Much of the property is also located within the TIF District and Enterprise Zone, providing additional potential benefits for qualifying development. With 27.71 +/- acres, excellent visibility, interstate access, flexible development possibilities, and the potential for subdivision and economic incentives, this is an exceptional opportunity for a business, developer, or investor looking for a significant commercial property in the Grayville area. For additional information or to schedule a property tour, contact Dustin today! MLS# 11912835

Location

Street address
Helm St. and Stephenson St
Zip code
62844
School district
Grayville CUSD 1
Elevation
398 feet
Coordinates
38.2395, -88.0033

Property details

Acreage
27.71 acres
MLS #
MyStateMLS 11912835
Posted

Parcels

  • 05-29-100-016
  • 05-29-300-014

Listing history

DateEventPriceChangeSource
Sept 4, 2026New listing$970,000MyStateMLS
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This 27.71-acre property is located at Helm St. and Stephenson St in Grayville, IL 62844. The land is available for sale, priced at $970,000 — $35,005 per acre.

Listed by Integrity Realty & Auctions, (618) 445-2267

Checked 1 hour agoUpdated

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