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    OFF-MARKET
    Land

    60901 - Kankakee County, Kankakee, IL 60901

    6.16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 6.16-acre parcel presents a unique investment opportunity in Kankakee County, Illinois. Situated conveniently near the Limestone Township Library and Limestone Meadows Subdivision, this land offers remarkable versatility. Currently zoned as farmland, the property is part of a larger 73-acre parcel but will be professionally surveyed to create this individual 6.16-acre lot. The address is in Kankakee, IL 60901, specifically located on County Road 2750N in Limestone Township. Its location provides easy access to local amenities and infrastructure. While currently zoned for agricultural use, interested parties are encouraged to independently verify future development possibilities with the Kankakee County zoning department to explore potential commercial or residential uses. The asking price for this fee-simple owned property is $185,000. A significant advantage is the availability of seller financing, making this an attractive option for various buyers. The property's parcel number (APN) is 07-08-26-200-009. Additional acreage in the vicinity may also be available for purchase

    Property profile
    Verified
    Property type Land
    Lot 6.16 ac (268,330 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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