0 Rt 6 Channahon, IL 60410
This exceptional commercial land offering presents a unique investment opportunity in Channahon, Illinois. Comprising a total of 21.34 acres situated on Route 6, this property is divided into three distinct development lots, each zoned C-3, providing significant flexibility for various commercial ventures. The lots are strategically located within close proximity to major transportation arteries, including I-55 (5 miles) and I-80 (6 miles), ensuring excellent accessibility and connectivity. The City of Channahon has expressed openness to a range of development possibilities, including senior housing and apartment complexes, in addition to standard commercial uses. Individual lot sizes and pricing are as follows: approximately 2.5 acres priced at $598,950
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.