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    OFF-MARKET
    Land

    625 Us-36, Tuscola, IL 61953

    858 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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