Property summary
This exceptional 3-acre commercial land parcel presents a unique investment opportunity in Pearl City, Illinois. Located on US Highway 73, this fee-simple property boasts a daily traffic count of 2,600 vehicles, ensuring high visibility and accessibility for any development. The property's APN is 02-17-09-300-030, and it is zoned for commercial use, offering considerable flexibility for a variety of projects. The Village of Pearl City is receptive to diverse development proposals, making this site ideal for ventures such as storage facilities, senior housing, condominiums, or apartment buildings. Currently, limited options exist in Pearl City for these types of developments, creating a strong demand for new construction. The asking price for this prime land is $225,000. The property's address is 2969 IL-73, Pearl City, IL 61062, situated in Stephenson County. This location offers significant potential for investors seeking to capitalize on the growing need for various commercial and residential options in this underserved market. The property's latitude and longitude coordinates are 42.2572614 and -89.825516 respectively.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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