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    16520 N Mendenhall Rd Princeville, IL 61559

    For Sale
    $195,000

    Vacant Land - Princeville, IL

    Lot size:
    7.60 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 16520 N Mendenhall Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    APN
    03-31-300-004
    Parking features
    Garage
    Lot size
    7.60 Acres

    Building Details

    Architectural style
    Other

    LandProz Real Estate LLC 1-844-GO-4-PROZ

    Listing agent Jacob Hofer (507) 373-5660

    Listing date Nov 10, 2025

    MLS# 11604452 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    7.6 Acres Vacant Land

    This 7.6-acre property south of Princeville, Illinois, presents a unique building opportunity. Located on a paved road in Peoria County, the land benefits from nearby electric utilities. A 30x50' pole barn is present on the property, offering storage space. The parcel features a newly reconstructed pond that is in the process of filling. The farm is mainly open land and includes a row of trees along the road, providing privacy and wind protection. The property is zoned 100.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Princeville
    County
    Peoria
    State
    Illinois
    Longitude
    -89.754629
    Latitude
    40.890075

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    FAQs

    What type of property is this?
    Land - Vacant land with pole barn near Princeville, Illinois.
    Where is this land located?
    The property is located at 16520 N Mendenhall Rd Princeville, IL.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: - 7.6 acre property ideal for building.; - Newly reconstructed pond.; - 30x50' pole barn for storage.
    (507) 373-5660
    Request Owner's contact information
    16520 N Mendenhall Rd Princeville, IL 61559
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16520 N Mendenhall Rd Princeville, IL 61559
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