705 Progress Pkwy, La Salle, IL 61301
This exceptional 53.81-acre industrial land parcel presents a compelling investment opportunity in LaSalle, Illinois. Strategically located just half a mile west of the I-80 interchange and two miles east of the I-80 and I-39 junction, this property boasts over 1700 linear feet of I-80 frontage, providing unparalleled access to major transportation arteries. The site, annexed to the City of LaSalle and zoned for heavy highway industrial uses, offers a level to gently rolling terrain, partially cleared and partially wooded. Mature trees and a stream buffer the property from I-80 traffic along its northern and western borders. Its prime location offers excellent potential for a large-scale freight and logistics facility, capitalizing on its proximity to major interstate highways. Furthermore, the property's size and characteristics make it highly suitable for a substantial solar field development, with Ameren serving as the utility provider. City utilities are readily available, and the flexible city zoning allows for diverse development options. This property is a rare find, combining exceptional location, size, and zoning flexibility for a variety of industrial uses.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.