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    1980 Freedom Pkwy Washington, IL 61571

    Sponsored
    For Sale
    Contact for pricing

    67 Acres, Divisible, All Utilities

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 67-acre commercial land parcel presents a unique investment opportunity in Washington, Illinois. Located at 1980 Freedom Parkway, this expansive site boasts convenient access to IL Rt 8 and Freedom Parkway, ensuring high visibility and easy accessibility for businesses. The property is designated for commercial use and is fully serviced with all necessary utilities already in place, eliminating significant infrastructure development costs. Its sizable acreage offers considerable flexibility, allowing for either a single large-scale development or the potential for division into smaller parcels to accommodate multiple businesses. The "For Sale By Owner" status provides a direct and streamlined transaction process. Situated in Tazewell County, this property benefits from a strategic location within a thriving community. Detailed site plans and zoning information are readily available upon request. This is an ideal location for a variety of commercial ventures, from retail and industrial to office and logistics. The property's size and location make it a highly attractive proposition for developers and investors seeking a significant land holding in a desirable Illinois market. The zip code is 61571. Serious inquiries only.

    Property Features for 1980 Freedom Pkwy

    General Information

    Property type
    Land
    Lot Size
    2,918,520 SF

    HighLights

    • 67‑acre commercial land parcel in Washington, IL (61571).
    • Located at 1980 Freedom Parkway, with easy access to IL Rt 8 and Freedom Parkway.
    • Fully serviced with utilities; ready for immediate development.
    • Zoned for commercial use, suitable for various ventures (retail, industrial, office, logistics).
    • For Sale By Owner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.456944930997
    Latitude
    40.706983740451

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    FAQs

    What type of property is this?
    Land - 67 Acres, Divisible, All Utilities
    Where is this land located?
    The property is located at 1980 Freedom Pkwy Washington, IL.
    What are key features of this property?
    This property features: 67-acre commercial land parcel in Washington, IL (61571).; Located at 1980 Freedom Parkway, with easy access to IL Rt 8 and Freedom Parkway.; Fully serviced with utilities; ready for immediate development.
    Request Owner's contact information
    1980 Freedom Pkwy Washington, IL 61571
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    Washington, IL 61571
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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
    1980 Freedom Pkwy Washington, IL 61571
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