Property profile

15262 450 East Rd Fithian, IL 61844

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 78-acre property in Fithian, Illinois, presents a unique investment opportunity for outdoor enthusiasts and astute land buyers. Located at 15262 N 450 East Rd, Vermilion County, this expansive tract boasts a significant portion of beautiful wooded land, ideal for hunting and recreational activities. Currently generating a consistent annual income of $3,000 through a Conservation Reserve Program (CRP) contract, this property offers a reliable return on investment. Approximately 12 acres were previously tillable and could be re-cultivated or enrolled in a CRP program, providing further income potential or flexibility for future land use. The property is not yet surveyed independently, and acreage amounts are approximate. The provided imagery displays estimated property lines, subject to final survey. The asking price for this remarkable property is $577,500. This is a rare chance to acquire a substantial land holding with established income and significant recreational potential in a desirable Illinois location. The zip code is 61844. Latitude and longitude coordinates are 40.0887933, -87.8478615 respectively.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor

Location

15262 450 East Rd Fithian, IL 61844
Fithian metro
Google Maps

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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