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Property profile & analytics
OFF-MARKET
Land

1507 Scott St Olney, IL 62450

0.23 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.23-acre residential lot, located at 1507 E. Scott St. (Lot 25) in Olney, Illinois, presents a fantastic opportunity for building your dream home. Situated in a highly desirable neighborhood, this level lot measures approximately 82 feet by 122 feet, providing ample space for construction. Its convenient location offers proximity to local schools and recreational facilities, enhancing its appeal. The property is part of Van Sandt's Addition and is conveniently located in Olney, IL, zip code 62450. The asking price for this vacant lot is $22,500. This is a rare chance to acquire a buildable lot in a sought-after area, making it an excellent investment for those seeking to build a new home in a well-established community. The property is ready for immediate development, offering a blank canvas for your future home. Don't miss this chance to secure this desirable building site. Richland County location. MLS# 11344476.

Property profile
Verified
Property type Land
Lot 0.23 ac (10,019 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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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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