Listing Agency: Property Peddler b***@propertypeddler.com Show Phone

Listed By: Bradley Chandler · License #IL

Source: Crexi

Added: Feb 20 Changed: Aug 27 Last Checked: Aug 26 at 9:43AM

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Investment Insights

Based on property information with market context.

This property features 80 +/- acres located along the Mississippi River. Approximately 56 +/- acres are tillable ground, with a PI of 103.8, offering income potential and recreational appeal. The remaining acreage is timber, suitable for recreational and deer hunting opportunities. An existing electrical easement with Ameren, consisting of four electric towers, provides an annual payment of $420.00. The buyer shall assume the 2026 farming lease. The sale will be subject to a conservation easement. This property is part of an online land auction.

Key Highlights

• 80 +/- acres of land located along the Mississippi River
• Approximately 56 +/- acres of tillable ground with a PI of 103.8, offering income potential
• Remaining acreage is timber, providing recreational and deer hunting opportunities

Property Analytics

Current Use

Agricultural land / Farmland

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Real Estate Agency Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

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Demographics for 62240, IL

1,645

Population

775

Households

2.1

Avg Household Size

46

Median Age

8%

College-Educated

94%

High-School Grad

14.9 sq mi

ZIP Area

110

Density / Sq Mi

$70,298

Median Household Income

$35,938

Median Earnings

$835

Median Rent

$84,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Agricultural land / Farmland - 80+/- acres with tillable ground and recreational appeal.

Where is this agricultural land / farmland located?

The property is located at 00 State St East Carondelet, IL.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: 80 +/- acres of land located along the Mississippi River; Approximately 56 +/- acres of tillable ground with a PI of 103.8, offering income potential; Remaining acreage is timber, providing recreational and deer hunting opportunities