0 Legion Rd, Washington, IL 61571
This exceptional 4.26-acre commercial land parcel presents a remarkable development opportunity in Washington, Illinois. Situated on Legion Road, just south of the Route 8/Washington Road intersection and conveniently located behind CEFCU, this property offers excellent visibility and accessibility. The land is comprised of two parcels, both boasting flat terrain ideal for construction. The property is zoned C-2, allowing for a wide range of commercial uses. A key advantage is that the northern parcel falls within an Enterprise Zone, potentially offering significant tax benefits to developers. Public sewer is available, simplifying infrastructure needs. Detailed site plans are available upon request. The asking price for this strategically positioned property is $650,000. This prime location in Tazewell County, Illinois, with its convenient access to major roadways and established businesses, makes this an exceptional investment opportunity for discerning buyers seeking high-growth potential. The property's size and zoning provide ample flexibility for a variety of commercial ventures. Don't miss this chance to acquire a highly desirable commercial land parcel in a thriving area. Directions: Legion Road/Rt. 24, behind CEFCU. Zip code: 61571.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.