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    Il-91 Dunlap, IL 61615

    Sponsored
    For Sale
    Contact for pricing

    Prime 71-acre parcel, R-2 zoning, ideal development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 71-acre property in Dunlap, Illinois, offers a unique investment opportunity. Zoned R-2, it presents significant potential for diverse development projects. The land is divisible, providing flexibility for various uses. All public utilities are conveniently located at the street, simplifying infrastructure connections. Its strategic location boasts excellent accessibility, situated near Illinois Route 6, Interstate 474, and the bustling Shoppes at Grand Prairie. The property enjoys a prime position, nestled between the Louisville Slugger Complex and Heartis Senior Living Village, and directly behind a cluster of established businesses including Hy-Vee, Gordman's, Carmike Grand Prairie, Gold's Gym, and Buffalo Wild Wings. Nearby healthcare facilities such as OSF Center for Health, OSF Hospice Care, and Illinois Eye Center further enhance the property's appeal. This versatile land parcel presents a compelling opportunity for developers seeking a well-located site with excellent visibility and access to essential amenities. The R-2 zoning allows for a range of residential and potentially mixed-use developments, making it an attractive investment for both short-term and long-term growth. The property's size and location make it a rare find in this thriving area.

    Property Features for 0 Il-91

    General Information

    Property type
    Farms
    Lot Size
    3,092,760 SF

    HighLights

    • 71‑acre R‑2 zoned land in Dunlap, IL, ideal for diverse development.
    • Divisible land with readily available utilities at street level.
    • Excellent location near IL Route 6, I‑474, and Shoppes at Grand Prairie, with high visibility.
    • Prime location near established businesses (Hy‑Vee, Gordman's, etc.) and healthcare facilities (OSF Center for Health, etc.).
    • Attractive investment for residential and mixed‑use development due to zoning and location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dunlap
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6751907
    Latitude
    40.8126562

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    FAQs

    What type of property is this?
    Farm - Prime 71-acre parcel, R-2 zoning, ideal development.
    Where is this farm located?
    The property is located at Il-91 Dunlap, IL.
    What are key features of this property?
    This property features: 71-acre R-2 zoned land in Dunlap, IL, ideal for diverse development.; Divisible land with readily available utilities at street level.; Excellent location near IL Route 6, I-474, and Shoppes at Grand Prairie, with high visibility.
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    Il-91 Dunlap, IL 61615
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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
    Il-91 Dunlap, IL 61615
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