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Light Manufacturing Industrial Land

1607 W 3rd St, Sterling, IL 61081

For Sale
$99,900

The 3.58-acre parcel is zoned LM for light manufacturing and is offered as land only.

Property SizeContact for details
Days on Market12

Property Features for 1607 W 3rd St

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $773
Listing Agency: Xtreme Realty
Listed By: David DeVries · License IL #471006544
Source: Exprealty
Added: Oct 29 Changed: Nov 6 Last Checked: Nov 8 at 9:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Xtreme Realty

Rey
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Investment Insights

Based on property information with market context.

This 3.58-acre industrial land offering is zoned LM for light manufacturing. The sale is for the land only; an existing building on the property is under city condemnation status. The property is being sold as is. Verify the city's intentions regarding the building before making an offer.

Key Highlights

  • 3.58 acres zoned LM for light manufacturing
  • Land‑only sale; existing building is under city condemnation status
  • Sold as is

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Auto Parts Store Electrical Service Restaurant Spa & Massage Center Furniture & Home Goods Grocery & Convenience 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

86
Businesses Nearby

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - The 3.58-acre parcel is zoned LM for light manufacturing and is offered as land only.
Where is this industrial land located?
The property is located at 1607 W 3rd St Sterling, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 3.58 acres zoned LM for light manufacturing; Land‑only sale; existing building is under city condemnation status; Sold as is
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