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    Tulip Trl Dunlap, IL 61525

    • Land
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Tulip Trl

    Property type
    Land

    Description

    This exceptional 1.09-acre lot, comprised of two parcels in Dunlap, Illinois (zip code 61525), presents a remarkable multi-family development opportunity. Located within the highly desirable Dunlap School District, this property boasts an R6 zoning designation, permitting the construction of single-family homes, duplexes, townhouses, and apartment buildings. Its strategic location, adjacent to an existing apartment complex and near major highways, ensures convenient access and high tenant appeal. The property's infrastructure is already in place, with readily available electricity, water, and sewer connections at the lot lines, significantly reducing development costs and timelines. This prime location offers unparalleled convenience and connectivity throughout Central Illinois, making it an ideal investment for developers seeking a versatile and high-potential project. The MLS number is PA1244084. The asking price is $40,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dunlap
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6182
    Latitude
    40.8267

    Comparable in this City

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      11.74 Acres

      Hickory Grove Rd

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      0.49 Acres

      11329 Daisy Rd

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      11329 Daisy Rd, Dunlap, IL 61525-9436
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      309 2nd St

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      309 2nd St, Dunlap, IL 61525-8002
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      202 2nd St

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      202 2nd St, Dunlap, IL 61525-8001
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      203 4th St

      COMMERCIAL (GENERAL)
      203 4th St, Dunlap, IL 61525-8017
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    • Value Estimation by Request

      300 4th St

      COMMERCIAL (GENERAL)
      300 4th St, Dunlap, IL 61525-9638
      View Details

    Similar Nearby for Sale

    • $850,000
      11.74 Acres

      Dunlap, IL Commercial Land - $850K

      11.74 Acres, C2 & A2 Zoning, High Traffic
      0 Hickory Grove Rd, Dunlap, IL 61525
      View Details
    • $99,900
      0.42 Acres

      Residential Lot in Dunlap, IL

      Vacant lot in Dunlap's sought-after Hunters Trail Estates.
      11428 N Boulder Creek Ct, Dunlap, IL 61525
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    • $65,500

      Buildable Lot in Dunlap, IL

      Spacious lot in Dunlap School District, ideal for building.
      13422 N State Route 40, Dunlap, IL 61525
      View Details
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    Tulip Trl
    Dunlap, IL 61525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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