Property profile

1204 Il-251 Compton, IL 61318

OFF-MARKET
Land
2.3 ac lot
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Property summary

AI-generated overview

This exceptional 2.3-acre commercial land parcel presents a unique investment opportunity in Compton, Illinois. Strategically located at the highly visible intersection of State Route 251 and Route 30, this property boasts excellent visibility for any commercial venture. The lot is zoned for commercial use, offering flexibility for a wide range of businesses. Four existing curb cuts, two on each highway, provide convenient access. Previous structures have been demolished, eliminating the cost and time associated with demolition, allowing for immediate development. The property's adjacency to a weigh station ensures consistent traffic flow, particularly of commercial vehicles, creating potential for businesses catering to this demographic. This property is offered "as is," providing a blank canvas for your vision. The address is 1204 IL-251, Compton, IL 61318, within Lee County. The lot size is 2.3 acres. The asking price is $349,995. This prime location and the absence of existing structures make this a truly exceptional opportunity for immediate development and high return on investment.

Property profile

Verified
Property type Land
Lot 2.3 ac (100,188 SF)

Cap rate & NOI

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

Location

1204 Il-251 Compton, IL 61318
Compton metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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