Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Section 18 Momence, IL 60954

    Sponsored
    For Sale
    $1,215,900

    40 Acres, Ready to Develop

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 40.53-acre farm in Momence, Illinois, presents a unique development opportunity. Located in Kankakee County, this fee simple property (APN 051118100037) offers significant potential. Detailed planning for 93 residential lots is already complete, including all necessary engineering drawings. These plans are available for immediate review by prospective buyers. The property's address is Section 18, Momence, IL 60954, with GPS coordinates at 41.1562525 latitude and -87.6383797 longitude. This turnkey project eliminates the time and expense typically associated with land development, allowing for a swift transition to construction. The asking price for this ready-to-build parcel is $1,215,900. All necessary documentation is readily accessible, ensuring a smooth and efficient transaction. This is an exceptional opportunity for developers seeking a high-yield investment with minimal upfront planning and engineering costs. The property's location in Momence provides access to local amenities and infrastructure, further enhancing its appeal. Don't miss this chance to acquire a fully-prepared development site in a desirable location.

    Property Features for 0 Section 18

    General Information

    Property type
    Farms
    Lot Size
    1,765,487 SF

    HighLights

    • $1,215,900 asking price for this Illinois farm.
    • 40.53‑acre land parcel in Kankakee County, Illinois.
    • Located in Momence, IL, zip code 60954.
    • Property type: Fee simple ownership.
    • APN: 051118100037.
    • Pre‑approved plans for 93 residential lots; engineering drawings available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Momence
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.6383797
    Latitude
    41.1562525

    Nearby Comparable

    • $500,000
      5,521 SF

      Prime Momence Commercial Space

      Versatile 5,500 sq ft building, high traffic area.
      110 Gladiolus St, Momence, IL 60954
      View Details
    • $599,000
      9,000 SF

      Momence Industrial Property For Sale

      9,000 SF industrial property available in Momence, Illinois.
      124 E River St, Momence, IL 60954
      View Details
    • $599,000
      9,000 SF

      Momence Industrial Building For Sale

      9,000 SF Industrial/Office Space - $599,000
      124 River St, Momence, IL 60954
      View Details
    • $159,900
      3,813 SF

      Momence Commercial Building - Great Potential

      Spacious building, ideal for various businesses.
      110 River St, Momence, IL 60954
      View Details
    • $69,500
      1,058 SF

      Retro Gas Station - Momence, IL

      Prime Momence location, endless possibilities!
      526 Dixie Hwy, Momence, IL 60954
      View Details
    • $179,000

      Vacant Land for Sale

      Vacant land available for sale in Momence, Illinois.
      110 Stirling Pl, Momence, IL 60954
      View Details
    • $30,000

      Land Near Kankakee River

      0.75 acre lot near Kankakee River, close to town.
      244 Pl, Schneider, IN 46376
      View Details
    • $450,000
      4.11 Acres

      Manteno Commercial Land - 4.11 Acres

      Prime Commercial Land, I-57 Access
      0 6000N Rd, Manteno, IL 60950
      View Details

    Nearby Similar for Sale

    • $599,000
      9,000 SF

      Momence Industrial Property For Sale

      9,000 SF industrial property available in Momence, Illinois.
      124 E River St, Momence, IL 60954
      View Details
    • $159,900
      3,813 SF

      Momence Commercial Building - Great Potential

      Spacious building, ideal for various businesses.
      110 River St, Momence, IL 60954
      View Details
    • $500,000
      5,521 SF

      Prime Momence Commercial Space

      Versatile 5,500 sq ft building, high traffic area.
      110 Gladiolus St, Momence, IL 60954
      View Details
    • $599,000
      9,000 SF

      Momence Industrial Building For Sale

      9,000 SF Industrial/Office Space - $599,000
      124 River St, Momence, IL 60954
      View Details
    • $69,500
      1,058 SF

      Retro Gas Station - Momence, IL

      Prime Momence location, endless possibilities!
      526 Dixie Hwy, Momence, IL 60954
      View Details

    FAQs

    What type of property is this?
    Farm - 40 Acres, Ready to Develop
    Where is this farm located?
    The property is located at Section 18 Momence, IL.
    What is the asking price?
    The asking price for this property is $1,215,900.
    What are key features of this property?
    This property features: $1,215,900 asking price for this Illinois farm.; 40.53-acre land parcel in Kankakee County, Illinois.; Located in Momence, IL, zip code 60954.
    Request Owner's contact information
    Section 18 Momence, IL 60954
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Section 18
    Momence, IL 60954
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Section 18 Momence, IL 60954
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.