0 Westlake Vlg Pecatonica, IL 61063
This exceptional 0.33-acre residential lot is situated in the desirable Westlake Village community in Pecatonica, Illinois, within Winnebago County (zip code 61063). Zoned for farmland with residential intent, this property presents a unique opportunity for building a home in a picturesque setting. Westlake Village boasts a wealth of amenities, including a stunning golf course, a picturesque lake with a beach, a community center complete with a swimming pool, and recreational facilities such as walking/biking paths, tennis courts, and basketball courts. The location offers the peacefulness of country living while maintaining convenient access to the amenities and conveniences of Rockford, Illinois, including the Chicago Rockford International Airport. The property is part of the Pecatonica School District. The asking price for this 0.33-acre lot is $1,350,000. While this listing focuses on this individual lot, the larger Westlake Village development comprises 135 lots, including improved lakefront and golf course lots, as well as townhome sites. This presents a compelling investment opportunity for those seeking a tranquil yet accessible location to build their dream home. The property's coordinates are 42.2935137 latitude and -89.341667 longitude.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.