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0 Beds
2,400 sqft

$450,000

613 E 5th Street, Metropolis IL, 62960

Price per sqft$187.50
Property size2,400 sqft
Property typeOther
Listed by Stewart Weisenberger with Farmer & Co. Real Estate 618-713-5923

Overview

Active

Listed May 29, 2026

Updated 2 weeks ago

Discover an exceptional commercial investment opportunity in the heart of Metropolis, Illinois. Encompassing nearly an entire city block, this expansive property offers outstanding visibility with frontage along US Highway 45 (5th Street). Currently generating $1,800 per month from two separate leases, the property provides immediate cash flow while offering substantial upside through future development of the vacant land. Strategically positioned in a community that attracts visitors year-round, this property benefits from Metropolis' strong tourism economy. Known worldwide as the "Home of Superman," Metropolis draws thousands of visitors annually to attractions including the Superman Statue, Superman Museum, and the popular Superman Celebration. The city also hosts numerous festivals and events throughout the year that bring consistent traffic to local businesses. In addition, nearby Harrah's Metropolis Casino & Hotel serves as a major regional destination, attracting guests from across the Midwest and generating additional consumer activity in the area. Property highlights include: * Located within an Enterprise Zone and proposed future TIF District, offering valuable financial incentives and potential tax benefits for future owners and developers. * Two parcels with approximate dimensions of 280' x 150' and 360' x 166'. * Daily traffic counts of 11,400 along US Highway 45, providing excellent exposure for commercial operations. * Existing rental income with opportunities to increase revenue through additional development. * Flexible redevelopment potential for retail, service, hospitality, mixed-use, or other commercial ventures. * Convenient access to major transportation routes, downtown Metropolis, area tourism attractions, and regional amenities. Whether you're an investor seeking income-producing property with development potential or a business owner looking for a highly visible location in a growing market, this versatile commercial property offers a rare combination of current income, strategic location, and long-term growth opportunities.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$5,981
Tax Frequency
Annually
MLS provider logo

Listed by Stewart Weisenberger with Farmer & Co. Real Estate 618-713-5923

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Julie Latsko are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:11 AM UTC on 9/25/2026. 

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