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Property profile & analytics
OFF-MARKET
Land

6 Rd Channahon Channahon, IL 60410

1.42 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.42-acre commercial land parcel, identified as Lot 1 on East US Route 6 Road in Channahon, Illinois, presents a compelling investment opportunity. Located in the 60410 zip code, this fee simple property offers significant potential for development. The asking price is $375,000. The property's convenient location on Route 6 provides excellent visibility and accessibility, making it ideal for a variety of commercial uses. The site's 1.42 acres offer ample space for construction, and its strategic placement within a larger development presents further advantages. This lot is part of a larger grouping that includes Lots 2, 3, and 4, offering the possibility of combining parcels to create a larger development footprint. This flexibility allows for tailored development plans to suit diverse commercial needs. The property's precise coordinates are 41.4174728 latitude and -88.2169027 longitude. Serious inquiries are encouraged to explore the possibilities of this prime commercial land in the thriving Channahon market. The property is zoned for commercial use (zoning information should be independently verified). This is a rare opportunity to acquire a strategically located commercial lot in a growing area.

Property profile
Verified
Property type Land
Lot 1.42 ac (61,855 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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Comparable Approach Comparable
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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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