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 Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dunlap
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6182
- Latitude
- 40.8267
