You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

0 66.1 +/- Acres Of Farmland Bourbonnais, IL 60914

66.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 66.1 +/- acre farm presents a compelling investment opportunity in Kankakee County, Illinois. Located in a picturesque area between Highway 102 and the Kankakee River, this property boasts gently rolling topography and excellent road frontage. Zoned R-1 residential, it offers significant potential for development, perhaps as a high-end subdivision, while also being a strong addition to any investment portfolio. The property is situated just west of the village of Bourbonnais, providing a balance of rural tranquility and convenient access to amenities. Its location within the Bourbonnais School District 53 adds further appeal. The farm is bordered on the west by N 3000 West and partially adjoins State Road 102 on the north. Importantly, this property is safely outside the 500-year floodplain. The current lease is open for 2024. The asking price is $1,058,000. Prospective buyers are strongly advised to independently verify all zoning regulations and local ordinances before making any development plans. This description is for informational purposes only and should not be considered legal advice. The property's address is within unincorporated Kankakee County, Illinois, zip code 60914.

Property profile
Verified
Property type Land
Lot 66.1 ac (2,879,316 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 66.1 +/- Acres Of Farmland?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message