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    317 N Canal St Annawan, IL 61234

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    For Sale
    $3,315,000

    Land with highway exposure and easy access in Annawan, IL.

    Lot size:
    50.74 Acres

    Property Features for 317 N Canal St

    General Information

    Lot size
    50.74 Acres
    Source: Moodyscre

    Listing Agent: Cody Huson

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

    Overview

    Commercial Land with Highway Exposure

    This commercial land offers great highway exposure, numerous incentives, and easy access. It is located in Annawan, IL.
    Location Intelligence

    Current Use by Public Records

    Annawan Banquet and Meeting ... Banquet Hall

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Annawan
    County
    Henry
    State
    Illinois
    Longitude
    -89.902066
    Latitude
    41.4025915

    Nearby Similar for Sale

    • $575,000
      10,081 SF

      Renovated Multi-Use Building For Sale

      Recently renovated building featuring restaurant, bar, banquet hall, and more.
      313 N Canal St, Annawan, IL 61234
      View Details
    • $52,900
      1,716 SF

      323 Front St, Annawan, IL 61234

      Commercial real estate • 1,716 SF
      323 Front St, Annawan, IL 61234
      View Details

    FAQs

    What type of property is this?
    Land - Land with highway exposure and easy access in Annawan, IL.
    Where is this land located?
    The property is located at 317 N Canal St Annawan, IL.
    What is the asking price?
    The asking price for this property is $3,315,000.
    What are key features of this property?
    This property features: - Great highway exposure; - Numerous incentives; - Easy access
    (217) 341-5993
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    317 N Canal St Annawan, IL 61234
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    Annawan, IL 61234
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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
    317 N Canal St Annawan, IL 61234
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