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    1991 N State Route 50 Bourbonnais, IL 60914

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    For Sale
    Contact for pricing

    5.7 acre commercial lot with high visibility and access.

    Lot size:
    5.70 Acres

    Property Features for 1991 N State Route 50

    General Information

    Lot size
    5.70 Acres
    Source: Moodyscre

    Listing Agent: Rick Spector

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Lot on State Route

    This 5.7-acre commercial lot is available for sale or lease. The property benefits from shared access with Bradley Commons, which houses Walmart, Dick’s, Ulta, Five Below, Petco, and Kohls. It features significant visibility with over 1,000 feet of frontage on Illinois Route 50. The lot is located at a signalized intersection and offers multiple points of ingress and egress.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Dental Office Spa & Massage Hair Salon Auto Repair Shop Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bourbonnais
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.851262
    Latitude
    41.190041

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    FAQs

    What type of property is this?
    Commercial land - 5.7 acre commercial lot with high visibility and access.
    Where is this commercial land located?
    The property is located at 1991 N State Route 50 Bourbonnais, IL.
    What are key features of this property?
    This property features: - 5.7 acre commercial lot - **Sizeable land suitable for development.**; - Shared access with Bradley Commons - Benefits from established retail traffic.; - **High visibility - Over 1,000 feet of frontage on IL 50.**
    (314) 469-7400
    Request Owner's contact information
    1991 N State Route 50 Bourbonnais, IL 60914
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    Bourbonnais, IL 60914
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1991 N State Route 50 Bourbonnais, IL 60914
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