34 R 8 Channahon, IL 60410
This exceptional 1.51-acre commercial land parcel, identified by APN 0323226004, presents a remarkable investment opportunity in Channahon, Illinois. Located in Section 23, Township 34, Range 8 East, lots 8 and 9, this fee simple ownership property offers significant potential for various commercial developments. The asking price is $1,595,000. Situated in the desirable 60410 zip code of Grundy County, this property boasts a prime location with excellent access to key transportation routes (specific details not provided). The expansive lot size provides ample space for a wide range of commercial projects, from retail establishments to light industrial facilities. The property's zoning and permitted uses should be independently verified by prospective buyers to ensure alignment with their development plans. This is a rare opportunity to acquire a substantial commercial land holding in a thriving Illinois community. Detailed site plans and surveys are available upon request. Serious inquiries only. All information is deemed reliable but not guaranteed and should be independently verified.
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
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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.