2969 Il-73, Pearl City, IL 61062
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.
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
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.