Technical
Financial
Distress signals
Property profile

0 Bank St Ashkum, IL 60911

OFF-MARKET
Land
117 ac lot
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Property summary

AI-generated overview

This exceptional 117-acre property presents a unique opportunity for development near I-57, Exit 293 in Ashkum, Illinois. Zoned for agricultural use, the land offers significant potential for a variety of commercial or industrial projects, such as a warehouse or trucking terminal, as envisioned by the previous owner. Its strategic location provides convenient access to Interstate 57, placing it approximately an hour from Chicago. The site benefits from proximity to six major interstates within a 50-mile radius, ensuring excellent regional connectivity and logistical advantages. The property's versatility extends to its potential for subdivision, allowing for customized development to meet specific project requirements. Furthermore, the land can continue to generate income through farming until construction commences. This presents a cost-effective build site compared to similar locations in neighboring areas. Located on Bank St, Ashkum, IL 60911, in Iroquois County, this property offers a compelling blend of accessibility, flexibility, and affordability for discerning investors seeking a prime location for their next venture. The property is currently zoned for agricultural use.

Property profile

Verified
Property type Land
Lot 117 ac (5,096,520 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Bank St Ashkum, IL 60911
Ashkum metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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