230 Arlington Dr, Macomb, IL 61455
This exceptional 28,000 square-foot land parcel in Macomb, Illinois's desirable Georgetown Subdivision presents a unique investment opportunity. Located on Arlington Drive, this build-ready lot offers convenient access to all utilities, including power, gas, cable, phone, city water, and Georgetown's sewage system. The property boasts a generous 280-foot width and 100-foot depth, providing ample space for various development options. Potential projects include a pair of duplex townhomes (four total units) with attached two-car garages, or a row of five townhomes with single-car garages. The parcel's rear overlooks Georgetown's picturesque 15-acre wooded common area, offering scenic views. Georgetown Subdivision residents enjoy access to a wealth of amenities, including a swimming pool, clubhouse, tennis/pickleball court, playground, dog park, and community garden. The asking price reflects a discount for builders or investors. The property is zoned R4 - Multi-Family, making it ideal for multi-unit residential development. This is a rare opportunity to acquire a prime piece of land in a thriving community. Don't miss out on this chance to build your dream project or capitalize on a strong investment.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.