2098 Washington Rd Washington, IL 61571
This exceptional 7.53-acre parcel presents a remarkable opportunity for commercial or residential development in Washington, Illinois. Located at 2098 W Washington Road, this strategically positioned land boasts a desirable C-2 zoning classification, offering flexibility for a variety of projects. The property is already cleared and leveled, simplifying the development process. Its convenient location places it in close proximity to major retail establishments such as Menards and Super Walmart, ensuring high visibility and accessibility. The site benefits from the presence of a natural gas well, reducing infrastructure costs. Furthermore, its adjacency to a Meijer Mart parcel enhances its potential for synergistic development. The land features a gently rolling topography, providing versatile options for building placement. The 2020 annual property taxes were $743.00. The property's APN numbers are 02-02-20-200-011, 02-02-20-200-028, and 02-02-20-206-001. This prime location, combined with its existing infrastructure and zoning, makes this a truly exceptional investment opportunity. The asking price for this exceptional property is $550,000. Don't miss this chance to acquire a highly sought-after development site in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.