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Property profile & analytics
OFF-MARKET
Land

0 Tulip Trl Dunlap, IL 61525

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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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