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    OFF-MARKET
    Land

    57 Wilmington Peotone Rd, Peotone, IL 60468

    19.37 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 19.37-acre agricultural property presents a compelling investment opportunity in Peotone, Illinois. Strategically located near the intersection of I-57 and Peotone/Wilmington Road, this land boasts a highly desirable location with significant development potential. The property is zoned for agricultural use, offering flexibility for various farming operations or future development projects. Its proximity to a Shell gas station adds to its commercial viability. The expansive acreage provides ample space for a range of agricultural endeavors, or could be considered for other uses subject to local zoning regulations. Detailed surveys and soil reports are available upon request. The asking price for this prime piece of land is $570,000. This represents a rare chance to acquire a substantial parcel in a high-traffic area with excellent access to major transportation routes. The property's location offers easy access to both local amenities and regional transportation networks, making it an attractive proposition for both agricultural and potential commercial development. Serious inquiries are encouraged to explore the possibilities of this unique property. The legal description and survey are available for review. All information is deemed reliable but not guaranteed.

    Property profile
    Verified
    Property type Land
    Lot 19.37 ac (843,757 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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    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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