29XX Il Rt 178 Hwy, North Utica, IL 61373
This exceptional 33.94-acre parcel presents a unique investment opportunity in LaSalle County, Illinois. Located on the highly visible IL Route 178, this property boasts over 616 feet of road frontage, offering significant development potential. The land is zoned Agricultural, providing flexibility for various commercial and/or agricultural uses. Its strategic location near Starved Rock State Park and the towns of LaSalle and Peru ensures high visibility and accessibility. The property's proximity to US Route 6 and Interstate 80 provides convenient access to major transportation arteries. The parcel is situated directly across from Waltham Elementary School, further enhancing its visibility and potential for commercial development. With its substantial size and prime location, this property is ideal for a variety of uses, including commercial ventures that would benefit from high traffic counts and visibility, or agricultural pursuits. The property's PIN number is 19-05-420-000. The asking price is $1,014,806. This is a rare opportunity to acquire a significant land holding in a desirable location with excellent development potential.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.