Listing Agency: Keller Williams Revolution Show Phone

Listed By: Chrissy Hamilton · License #475162216 Show Phone

Source: Exitrealty

Added: Aug 5, 2023 Changed: Oct 1 Last Checked: Oct 14 at 10:06PM

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Investment Insights

Based on property information with market context.

This waterfront land offering comprises a 25-acre parcel associated with the northeast quarter of Section 8 in Downs Township. Approximately 5 acres are identified as buildable, while a pond occupies part of the property; the pond was created from a former rock quarry.

The tract fronts County E 700 North Road and is described as a split from a larger 144-acre parcel. The property is located at Lot 8 E 700 North Road in Downs, Illinois.

Key Highlights

• 25 acre parcel from the northeast quarter of Section 8 in Downs Township
• Approximately 5 acres identified as buildable
• Pond was a former rock quarry

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Repair Shop Big Box & Wholesale Store Storage Facility

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

22

Businesses Nearby

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Demographics for 61736, IL

1,966

Population

980

Households

2

Avg Household Size

38

Median Age

53%

College-Educated

99%

High-School Grad

34.6 sq mi

ZIP Area

57

Density / Sq Mi

$107,127

Median Household Income

$64,276

Median Earnings

$936

Median Rent

$283,900

Median Home Value

Frequently Asked Questions

What type of property is this?

Waterfront Land - A rural tract includes a pond and a designated buildable area for future development.

Where is this waterfront land located?

The property is located at Lot 8 E 700 North Road Downs, IL.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: 25 acre parcel from the northeast quarter of Section 8 in Downs Township; Approximately 5 acres identified as buildable; Pond was a former rock quarry