Property summary
This exceptional 3.6-acre commercial land parcel presents a remarkable development opportunity in the thriving town of Elmwood, Illinois. Strategically located directly on Main Street, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. Currently utilized for agricultural purposes, with existing husbandry rights in place, the land offers a blank canvas for ambitious developers. The expansive lot size provides ample space for constructing a substantial commercial building, allowing for significant flexibility in design and functionality. Its prime Main Street location ensures high traffic volume and excellent exposure to potential customers. The property's address is 0 W MAIN Street, Elmwood, IL 61529, offering easy access to local amenities and transportation routes. This is a rare chance to acquire a highly desirable commercial lot in a growing Illinois community. The asking price is $299,000, representing a significant investment opportunity with considerable potential for future returns. Serious inquiries are encouraged to explore this exceptional development prospect further. The property is zoned for commercial use. All necessary utilities are readily available for connection. This is a turnkey opportunity for immediate development.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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