I-72 Rte 4 Barry, IL 62312

Property Details for I-72 Rte 4

Lot size

12.55 lot acres

Property type

Land

Description

This exceptional 25.46-acre commercial land parcel presents a unique investment opportunity in Barry, Illinois. Strategically located immediately adjacent to I-72 Exit 20 in western Pike County, this property boasts significant frontage along both I-72 and a county road. The gently rolling terrain offers excellent visibility and accessibility. The site benefits from the presence of all utilities except gas. This location is particularly attractive due to its proximity to Barry, Illinois, situated directly across I-72. The seller, a regional electric provider, is keen to facilitate additional power supply and job creation in the area. Further enhancing its appeal, this property is situated within both a Tax Increment Financing (TIF) district and an Enterprise Zone, indicating a supportive local government actively promoting economic development. The Barry city officials are known for their proactive and forward-thinking approach to business development. The property's APN is 46-027-07c and 46-027-07e. The asking price is $595,000, translating to approximately $23,370 per acre. The permitted zoning is B-2 Highway Business, allowing for a wide range of commercial uses. This is a rare opportunity to acquire a substantial, well-located commercial land parcel with significant development potential.

Location Insight

City

Barry

County

Pike

State

Illinois

Longitude

-91.0172

Latitude

39.6948