Cummings Ln Washington, IL 61571
- Land
- 35.11 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cummings Ln
- Lot size
- 35.11 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 35.11-acre parcel presents a remarkable investment opportunity in Washington, Illinois. Strategically located at the northwest corner of Cummings Lane and Cruger Road, this property boasts over 1,100 feet of frontage on Route 24 (Boyd Parkway), a major thoroughfare. The high-traffic location is underscored by a daily traffic count of 13,900 vehicles on Route 24 and 7,850 on Cummings Lane. The land is currently used for agriculture, but its C3 zoning permits a variety of commercial, industrial, and residential uses. This versatility is further enhanced by its proximity to a diverse range of established businesses, including healthcare facilities, a hotel, restaurants, and financial institutions. The property's location within the Northern Tazewell County Enterprise Zone may offer additional development incentives. The asking price for this significant land holding is $1,500,000. The Tax Assessor Parcel Number (APN) is 02-02-16-200-030. This is a rare chance to acquire a large, well-situated tract with substantial development potential in a thriving community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.446
- Latitude
- 40.7196
