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Commercial Land in Cherry Valley
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350 US-20, Cherry Valley, IL 61016

20 acres of commercial land with fiber optics.

Property SizeContact for details
Lot Size20.00 Acres
Days on Market1343

Property Features for 350 US-20

General Information

Standard status Active
Lot size 20.00 Acres
Property subtype Land
Listing Agency: BRIAN COLEMAN & ASSOCIATES, INC.
Listed By: Brian Coleman · License #IL
Source: Crexi
Added: Dec 17, 2022 Changed: Aug 8 Last Checked: Aug 20 at 10:00AM

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 BRIAN COLEMAN & ASSOCIATES, INC.

Investment Insights

Based on property information with market context.

This property offers approximately 20 acres of commercially zoned land within the Village of Cherry Valley, presenting an investment or development opportunity. Fiber optics are available at the property, accommodating uses such as a data center or other high-tech applications. The site is located approximately 2.5 miles west of the Chrysler Assembly Plant and 1 mile east of the I-90/I-39 and I-39/US 20 interchanges. Sewer and water utilities are located nearby. The property features over 2,100 feet of frontage along US 20 Highway. The Union Pacific Railroad runs along the entire northern border of the property.

Key Highlights

  • 20 Acres Zoned Commercial with 2,100+ Frontage on US 20 Highway
  • Ideal for Development: Sewer and Water Nearby
  • Fiber Optics at Property:** Suitable for Data Center/High Tech Users

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Plumbing Service Bakery Carpet & Flooring Store Computer & Electronic Repair Home Appliance 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

21
Businesses Nearby

Demographics for 61016, IL

4,738
Population
2,183
Households
2.2
Avg Household Size
51
Median Age
29%
College-Educated
93%
High-School Grad
28.3 sq mi
ZIP Area
167
Density / Sq Mi
$92,865
Median Household Income
$48,125
Median Earnings
$861
Median Rent
$224,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 20 acres of commercial land with fiber optics.
Where is this commercial land located?
The property is located at 350 US-20 Cherry Valley, IL.
What is the asking price?
The asking price for this property is $3,049,200.
What are key features of this property?
This property features: 20 Acres Zoned Commercial with **2,100+ Frontage on US 20 Highway**; Ideal for Development: Sewer and Water Nearby; Fiber Optics at Property:** Suitable for Data Center/High Tech Users
(847) 322-3566 Call to check price and availability
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