1204 Il-251, Compton, IL 61318
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.
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
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.