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
    Back to Search

    Hickory Grove Rd Dunlap, IL 61525

    Sponsored
    For Sale
    $850,000

    11.74 Acres, C2 & A2 Zoning, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 11.74-acre commercial and industrial land parcel presents a unique investment opportunity in Dunlap, Illinois. Strategically located at the corner of Route 40 and Hickory Grove Road, this property boasts a prime location with high visibility and accessibility. The site benefits from a signalized intersection and impressive daily traffic counts of 11,100 vehicles, ensuring maximum exposure for any development. Zoned C2 and A2, the land offers considerable flexibility for a variety of commercial and industrial uses. A preliminary plat is readily available, simplifying the development process. Adding to its appeal, a billboard lease, in place since 2002 with Adams Outdoor, generates consistent rental income. The property's proximity to Route 6 (within 2 miles) further enhances its connectivity and logistical advantages. This is a rare opportunity to acquire a substantial, well-located parcel with existing income and significant development potential in a thriving area of Peoria County. The property's address is W Hickory Grove Rd, Dunlap, IL 61525.

    Property Features for 0 Hickory Grove Rd

    General Information

    Property type
    Land
    Lot Size
    511,394 SF

    HighLights

    • $850,000 asking price.
    • 11.74‑acre commercial/industrial land parcel.
    • C2 & A2 zoning.
    • Located in Dunlap, IL (Peoria County), near Route 40 and Hickory Grove Road, 2 miles from Route 6.
    • High traffic count (11,100 cars/day) at signalized intersection.
    • Existing billboard lease generating income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dunlap
    County
    Peoria
    State
    Illinois
    Longitude
    -89.615262142968
    Latitude
    40.828258425214

    Nearby Comparable

    • $2,836,500
      1.15 Acres

      Prime Peoria Commercial Land

      9.41 Acres, C2 Zoning, High Traffic
      0 Oakwood Dr, Peoria, IL 61615
      View Details
    • $255,000
      2,615 SF

      Spacious Condo in Oakbrook Park

      Large 4-bedroom condo with finished basement and 2-car garage.
      11217 N Oakwood Dr, Peoria, IL 61615
      View Details
    • $2,198,038
      8.41 Acres

      Prime Peoria Commercial Land

      8.41 Acres, Development Ready
      0 Centerway Dr, Peoria, IL 61615
      View Details
    • Contact for pricing
      0.75 Acres

      Knoxville Crossing Retail Outlots

      Prime Peoria, IL Retail Land, 6 Pads Available
      10405 Centerway Dr, Peoria, IL 61615
      View Details
    • $499,900
      1.29 Acres

      Commercial Lot in Peoria, IL

      1.29 acre commercial lot available for sale in Peoria.
      W Alta Rd, Peoria, IL 61615
      View Details
    • Contact for pricing
      0.75 Acres

      Prime Peoria Retail Land

      Four outlots, high visibility, strong traffic.
      0 Knoxville Ave & Alta Rd, Peoria, IL 61615
      View Details
    • $1,500,000
      1.05 Acres

      North Peoria Commercial Land

      5.79 Acres, C2 Zoning, Prime Location
      10023 Knoxville Ave, Peoria, IL 61615
      View Details
    • $1,986,000

      Commercial Land in North Peoria

      5.79 acres of flat, buildable commercial land for sale.
      10023 Knoxville Ave, Peoria, IL 61615
      View Details
    • $665,000
      9,500 SF

      Peoria Industrial Building - $665K

      9,500 SF Warehouse, Excellent Condition
      2714 2Nd St, Peoria, IL 61615
      View Details
    • $665,000
      9,500 SF

      Industrial Building with Secured Parking

      9,500 sq. ft. industrial building with convenient access.
      2714 W 2Nd St, Peoria, IL 61615
      View Details
    • $2,149,683

      Glenhaven Estates Commercial Lots

      Multiple commercial and residential lots available off Route 6.
      Wulburn St N, Peoria, IL 61615
      View Details
    • $1,764,942
      8.53 Acres

      Prime Peoria Industrial Land

      8.5 Acres, I1 Zoning, Excellent Location
      9818 Allen Rd, Peoria, IL 61615
      View Details

    FAQs

    What type of property is this?
    Land - 11.74 Acres, C2 & A2 Zoning, High Traffic
    Where is this land located?
    The property is located at Hickory Grove Rd Dunlap, IL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price.; 11.74-acre commercial/industrial land parcel.; C2 & A2 zoning.
    Request Owner's contact information
    Hickory Grove Rd Dunlap, IL 61525
    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.
    Hickory Grove Rd
    Dunlap, IL 61525
    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
    Hickory Grove Rd Dunlap, IL 61525
    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.