Current Use by Public Records
- Land
Property Details for 0 East St
- Lot size
- 27.20 lot acres
- Property type
- Land
Description
Exceptional investment opportunity: 27.2 acres of commercially zoned land in rural central Illinois, located in the desirable Argenta-Oreana school district. This property, identified by APN 180809401007, is situated on S East St, Oreana, IL 62554, and offers multiple development possibilities. The land is zoned R-4, allowing for various uses including residential, commercial, and timber operations. The asking price is $816,000, or $30,000 per acre. The seller is willing to divide the parcel to accommodate buyers' needs, with options ranging from one acre to the full 27.2 acres. Utilities are available and extendable. Previous sales of residential lots on this parcel confirm utility access. This location provides a great country setting while still offering convenient access to amenities. A farm ground lease option is also available. This property presents a unique chance to build your dream home, develop a subdivision, or pursue multi-family development. Contact us for details and to explore this exciting opportunity.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oreana
- County
- Macon
- State
- Illinois
- Longitude
- -88.8656
- Latitude
- 39.938
