Property profile

625 Us-36 Tuscola, IL 61953

OFF-MARKET
Land
858 ac lot
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Property summary

AI-generated overview

This exceptional 858-acre industrial land parcel in Douglas County, Illinois, presents a unique investment opportunity. Located at 625 US-36 in rural Tuscola, this property boasts convenient access to major transportation arteries. Currently comprised of ten parcels, it offers direct access to the Decatur & Eastern Illinois Railroad (DREI), connecting to four Class I freight railways: Canadian National (CN), CSX Transportation (CSX), Norfolk Southern (NS), and Union Pacific (UP). Scheduled for full decommissioning by the fourth quarter of 2024, all existing improvements will be removed, leaving a clean slate for future development. The 858 acres include 153 acres of greenfield farmland, adding versatility to this expansive site. Its strategic location directly off US Route 36 provides easy access to Interstate 57 and Interstate 72, facilitating efficient transport to major Midwest markets, including Chicago, Indianapolis, Louisville, and St. Louis. The asking price is $14,500,000. The APN is 05-01-36-403-006. This property is ideal for large-scale industrial projects requiring extensive land and excellent transportation links.

Property profile

Verified
Property type Land
Lot 858 ac (37,374,480 SF)

Cap rate & NOI

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

Location

625 Us-36 Tuscola, IL 61953
Tuscola 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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