Listing Agency: NAI Hiffman b***@hiffman.com Show Phone

Listed By: Bruce Granger · License #IL 471003059

Source: Crexi

Added: Jul 21 Changed: Aug 29 Last Checked: Aug 29 at 1:59PM

Report an Issue

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 NAI Hiffman

Investment Insights

Based on property information with market context.

This industrial land offering includes 1-4 acre parcels within a developed business park. Internal roads and utilities are in place, supporting industrial, commercial, or retail-oriented development. A shared park detention system serves the property, and the lots are described as 100% usable.

The site is rail-served by Canadian Pacific and is located at 555 Reinking Rd in Pingree Grove, Illinois. Available parcels include interior lots as well as frontage along Route 20, providing multiple land-position options within the park.

Key Highlights

• 1‑4 acre lot sizes available
• Industrial, commercial, or retail usage supported
• Developed park with roads and utilities

Property Analytics

Current Use

Village of Pingree Grove City Government Office

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store HVAC Service Law Firm Garden Center

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

40

Businesses Nearby

Explore this area Business Placement

Demographics for 60140, IL

21,902

Population

7,325

Households

3

Avg Household Size

37

Median Age

38%

College-Educated

93%

High-School Grad

81.0 sq mi

ZIP Area

270

Density / Sq Mi

$114,675

Median Household Income

$58,111

Median Earnings

$1,379

Median Rent

$316,900

Median Home Value

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Commercial Frontage on US Hwy 20

43W427 Route 20, Pingree Grove, IL 60140

$535,000

2,500 SF

View details

Land Near I-90 Interchange

43 US-20, Pingree Grove, IL 60140

Contact for pricing

View details

Land For Sale Hampshire

Pingree Grove, IL 60140

Contact for pricing

View details

Land For Sale

Pingree Grove, IL 60140

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Industrial land - Serviced parcels offer industrial, commercial, or retail use potential within a developed business park setting.

Where is this industrial land located?

The property is located at 555 Reinking Rd Pingree Grove, IL.

What are key features of this property?

This property features: 1‑4 acre lot sizes available; Industrial, commercial, or retail usage supported; Developed park with roads and utilities