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