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Property profile & analytics
OFF-MARKET
Land

700 6000N Rd Bourbonnais, IL 60914

32.4 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 32.4-acre commercial land parcel presents a remarkable investment opportunity in Bourbonnais, Illinois. Strategically located on I-57 Exit 318, this property boasts over 32,000 average daily traffic counts, ensuring high visibility and accessibility. The flat topography and newly constructed heavy-duty road provide an ideal foundation for development. Situated within Bourbonnais city limits, this land benefits from its location in a Business Zone, Tax Increment Financing (TIF) District, and the Kankakee River Valley Enterprise Zone, offering significant advantages for developers. Less than an hour south of Chicago, this site is perfectly positioned between two thriving communities experiencing rapid growth. The area is specifically designated for commercial and industrial expansion, making this property exceptionally versatile for a wide range of development projects. Two prime parcels are available within this premium location, offering flexibility for various development scales. The asking price is $2,883,600. This is a truly exceptional opportunity to capitalize on the burgeoning growth in this dynamic area. Don't miss this chance to secure a prime piece of commercial real estate with unparalleled potential.

Property profile
Verified
Property type Land
Lot 32.4 ac (1,411,344 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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