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    Sec I-55 & Rte 17 Dwight, IL 60420

    Sponsored
    For Sale
    $2,900,000

    77 Acres, Prime Industrial Site, Dwight, IL

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 77.62-acre commercial land parcel presents a unique investment opportunity in Dwight, Illinois. Strategically located at the southeast intersection of Interstate 55 and Route 17, this property boasts significant frontage on both major roadways, ensuring high visibility and accessibility. The asking price is $2,900,000, translating to a land value of $1.25 per square foot. The site features flat topography, simplifying development, and benefits from existing water and sewer infrastructure. Currently generating income from farm rental, this property is ideally suited for industrial development or a travel center. The property's three APNs are 05-05-08-201-002, 05-05-08-277-008, and 05-05-08-277-009. Located in Livingston County, with a 60420 zip code, this site offers unparalleled access to major transportation arteries, making it an attractive location for a variety of commercial ventures. Don't miss this chance to acquire a prime development site with significant potential for growth and return on investment.

    Property Features for 0 Sec I-55 & Rte 17

    General Information

    Property type
    Land
    Lot Size
    3,381,127 SF

    HighLights

    • 78‑acre prime development site in Dwight, IL.
    • $0.85/sf land price.
    • Exceptional location at the southeast intersection of Route 17 and I‑55.
    • Significant frontage on both Route 17 and I‑55.
    • On‑site water and sewer.
    • Existing farm rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Dwight
    County
    Livingston
    State
    Illinois
    Longitude
    -88.4510797
    Latitude
    41.0917654

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    FAQs

    What type of property is this?
    Land - 77 Acres, Prime Industrial Site, Dwight, IL
    Where is this land located?
    The property is located at Sec I-55 & Rte 17 Dwight, IL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: 78-acre prime development site in Dwight, IL.; $0.85/sf land price.; Exceptional location at the southeast intersection of Route 17 and I-55.
    Request Owner's contact information
    Sec I-55 & Rte 17 Dwight, IL 60420
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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
    Sec I-55 & Rte 17 Dwight, IL 60420
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