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    3029 Rd North Utica, IL 61373

    Sponsored
    For Sale
    $2,303,280

    41+ Acres, I-80 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 41.4-acre agricultural property in LaSalle County, Illinois, presents a unique investment opportunity. Located at 0 N 3029th Rd, LaSalle, IL 61373 (APN 1232417000), this land boasts significant advantages. The property benefits from readily available utilities already connected to the site, eliminating costly infrastructure development. Its strategic location offers excellent visibility from Interstate 80, providing significant potential for various commercial uses or continued agricultural operation. The asking price is $2,303,280. The parcel's size and accessibility make it highly desirable. Furthermore, the property offers flexibility; it can be sold as a single unit or subdivided to meet specific buyer needs, allowing for tailored acquisitions. This presents a rare chance to acquire a substantial tract of land with existing infrastructure and prime highway exposure in a thriving agricultural region of Illinois. The property's location in North Utica, within LaSalle County, ensures easy access to regional transportation networks and markets. This versatile land parcel is ideal for investors seeking a strong return on investment in a prime location. Serious inquiries are encouraged to explore the possibilities of this exceptional property.

    Property Features for 0 3029 Rd

    General Information

    Property type
    Farms
    Lot Size
    1,803,384 SF

    HighLights

    • $2,303,280 asking price.
    • 41.4‑acre agricultural land parcel in LaSalle, IL.
    • Located on N 3029th Rd, LaSalle County, IL, 61373.
    • Utilities on‑site.
    • Interstate 80 frontage.
    • APN: 1232417000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Utica
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.0259522
    Latitude
    41.3688429

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    FAQs

    What type of property is this?
    Farm - 41+ Acres, I-80 Visibility
    Where is this farm located?
    The property is located at 3029 Rd North Utica, IL.
    What is the asking price?
    The asking price for this property is $2,303,280.
    What are key features of this property?
    This property features: $2,303,280 asking price.; 41.4-acre agricultural land parcel in LaSalle, IL.; Located on N 3029th Rd, LaSalle County, IL, 61373.
    Request Owner's contact information
    3029 Rd North Utica, IL 61373
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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
    3029 Rd North Utica, IL 61373
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