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    OFF-MARKET
    Land

    1204 Il-251, Compton, IL 61318

    2.3 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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