Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Il-54, Farmer City, IL 61842

    5.06 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.06-acre commercial/industrial land parcel presents a unique investment opportunity in the thriving growth district of Farmer City, Illinois. Strategically located at the Interstate 74 exit (exit with 21,000 average annual daily traffic), this fee-simple property offers unparalleled accessibility and visibility. The permitted zoning is commercial, allowing for a wide range of development possibilities. Its prime location is adjacent to the planned Reserve Farmer City multifamily development, promising significant future growth and increased property value. The asking price is $275,517. This represents a compelling entry point into a rapidly developing area with high traffic counts. The property is situated on IL-54 in De Witt County, Illinois, zip code 61842. For those seeking a larger footprint, additional acreage is available at a rate of $1.25 per square foot. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes. Don't miss this chance to secure a piece of this burgeoning commercial corridor.

    Property profile
    Verified
    Property type Land
    Lot 5.06 ac (220,414 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Il-54?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message