Listing Agency: Lori Patterson Real Estate

Listed By: Lori Patterson · License #471004643 Show Phone

Source: Compass

Added: May 17, 2024 Changed: Oct 11 Last Checked: Oct 19 at 8:56AM

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Investment Insights

Based on property information with market context.

This 1.23-acre parcel consists of vacant land designated COMMR zoning. The property fronts or is located along Rt. 38, providing a defined transportation corridor for future commercial planning.

A title No Compete Clause limits use for a grocery store or restaurant. The site is offered as commercial land, with the zoning and title restriction serving as key considerations for prospective purchasers evaluating development plans.

Key Highlights

• 1.23 acres of vacant commercial land
• COMMR zoning designation
• Located on Rt. 38

Property Analytics

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Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Plumbing Service Auto Parts Store

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

71

Businesses Nearby

Explore this area Business Placement

Demographics for 61006, IL

1,640

Population

679

Households

2.4

Avg Household Size

43

Median Age

14%

College-Educated

87%

High-School Grad

70.4 sq mi

ZIP Area

23

Density / Sq Mi

$71,429

Median Household Income

$37,566

Median Earnings

$863

Median Rent

$150,900

Median Home Value

Frequently Asked Questions

What type of property is this?

Commercial land - Vacant commercial-zoned land with potential for future development, subject to a title restriction affecting certain uses.

Where is this commercial land located?

The property is located at 1003 Cartwright Avenue Ashton, IL.

What is the asking price?

The asking price for this property is $82,900.

What are key features of this property?

This property features: 1.23 acres of vacant commercial land; COMMR zoning designation; Located on Rt. 38