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    OFF-MARKET
    Land

    160 + / - Acres Kankakee County, Kankakee, IL 60901

    160 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 160 +/- acre property in Kankakee County, Illinois, presents a unique investment opportunity. Located at the intersection of E 4000 N Rd and N 4000 E Rd, just east of Bradley city limits, this land offers significant advantages. The property includes approximately 153.9 FSA crop acres boasting a productivity index of 120.4, making it highly suitable for agricultural use. The convenient road frontage ensures easy access. Beyond its agricultural potential, this expansive parcel presents intriguing possibilities for future development, warranting further investigation. While the sale excludes irrigation pivots, pumps, and above-ground piping, the purchase of this equipment can be negotiated separately. This property is being offered as two tracts and is available for confidential offers and private sale prior to the scheduled auction on December 11, 2024. The property's location, size, and productivity index combine to create a compelling investment opportunity for both agricultural and potential development ventures. The legal description is 17-09-14-200-002, and the zip code is 60901. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 160 ac (6,969,600 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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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