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0 #2706 Illinois City, IL 61259

OFF-MARKET Land Google Maps
32.72 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 32.72-acre commercial property in Illinois City, Rock Island County, IL (zip code 61259), presents a unique investment opportunity. Currently zoned SE2, the land boasts approximately 8.5 acres of tillable farmland, generating potential agricultural income. Hundreds of established fruit trees, part of a historic orchard, add significant character and potential. A 1.64-acre pond enhances the property's aesthetic appeal. The property's location offers a tranquil rural setting while remaining conveniently close to the Quad Cities metropolitan area and recreational amenities like local parks and the Mississippi River. The land's high potential makes it ideal for building a home, establishing a retreat, or pursuing agricultural ventures. The estimated annual real estate taxes are $914. A survey will be conducted prior to closing. The property includes a Property Index (PI) of 117.8. This is a rare chance to acquire a piece of Illinois history with significant development potential. Asking price: $376,280.

Property profile

Verified
Property type Land
Lot 32.72 ac (1,425,283 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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