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Property profile & analytics
OFF-MARKET
Land

2098 Washington Rd Washington, IL 61571

7.53 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.53 ac (328,007 SF)
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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