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    4008 229 St Ct Port Byron, IL 61275

    Sponsored
    For Sale
    $53,000

    Rare IL Commercial/Residential Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 0-building lot, located at 4008 229TH Street Court North in Port Byron, Illinois, presents a unique investment opportunity. Priced competitively at $53,000, this property offers significant potential for both commercial and residential development. Situated in Rock Island County, zip code 61275, the land boasts a convenient location with coordinates 41.558879 latitude and -90.293072 longitude. The property is classified as both commercial and residential, providing flexibility for a variety of uses. Given the absence of existing buildings, this presents a blank canvas for a custom development tailored to specific needs. Buyers should note that septic installation is the responsibility of the purchaser. This presents an opportunity to design a system that perfectly complements the chosen development. The property's dual zoning allows for creative solutions, potentially combining commercial and residential elements in a single project. This versatile land parcel offers a chance to build a profitable venture or create a unique residential space in a desirable Illinois location. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is ready for immediate development, making it an attractive option for those seeking a quick return on investment.

    Property Features for 4008 229 St Ct

    General Information

    Property type
    Land

    HighLights

    • 0.5‑acre vacant lot in Port Byron, IL, priced at $53,000.
    • Located in Rock Island County (zip code 61275), coordinates 41.558879, -90.293072.
    • Zoned for both commercial and residential use, offering development flexibility.
    • Buyer responsible for septic installation.
    • Ready for immediate development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Port Byron
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.293072
    Latitude
    41.558879

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    FAQs

    What type of property is this?
    Land - Rare IL Commercial/Residential Lot
    Where is this land located?
    The property is located at 4008 229 St Ct Port Byron, IL.
    What is the asking price?
    The asking price for this property is $53,000.
    What are key features of this property?
    This property features: 0.5-acre vacant lot in Port Byron, IL, priced at $53,000.; Located in Rock Island County (zip code 61275), coordinates 41.558879, -90.293072.; Zoned for both commercial and residential use, offering development flexibility.
    Request Owner's contact information
    4008 229 St Ct Port Byron, IL 61275
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    Port Byron, IL 61275
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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
    4008 229 St Ct Port Byron, IL 61275
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