Property profile

1500 2750W Rd Kankakee, IL 60901

OFF-MARKET
Land
5.37 ac lot
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Property summary

AI-generated overview

This exceptional 5.37-acre parcel presents a unique investment opportunity in Kankakee County, Illinois. Situated on County Road 2750N in Limestone Township, this land offers a versatile canvas for diverse development possibilities. Currently zoned for agricultural use, the property is conveniently located north of the Limestone Township Library and south of the Limestone Meadows Subdivision, providing excellent visibility and accessibility. While currently part of a larger 73-acre parcel, this 5.37-acre section will be professionally surveyed for a clean and independent title. The asking price is $161,000, representing a compelling value for its size and location. Interested parties are encouraged to independently verify zoning regulations with the Kankakee County zoning department to explore potential future uses beyond its current agricultural designation. The property's address is 1500 N 2750W Rd, Kankakee, IL 60901, and its APN is 07082620000900. The sale is a fee simple ownership, offering complete control and flexibility to the buyer. The possibility of acquiring additional acreage in the area may also be available upon request. This property is a blank slate, ready for your vision. Don't miss this chance to secure this strategically located land parcel.

Property profile

Verified
Property type Land
Lot 5.37 ac (233,917 SF)

Cap rate & NOI

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

Location

1500 2750W Rd Kankakee, IL 60901
Kankakee metro
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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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