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    Property profile & analytics

    29738 1400 Rd Ellsworth, IL 61737

    • Warehouses
    • 15,660 SF
    • 6.50 lot acres
    For Sale
    View listing
    $649,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 29738 1400 Rd

    Lot size
    6.50 lot acres
    Property size
    15,660 SF
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 6.5-acre industrial property, located at 29738 E. 1400 North Road in Ellsworth, Illinois (zip code 61737), presents a unique investment opportunity. The property boasts a total of 15,660 square feet of space distributed across three buildings, offering significant flexibility for a variety of uses. Currently zoned for agriculture, the property's previous use as a hemp growing facility highlights its suitability for indoor and outdoor cultivation, featuring dedicated indoor growing rooms. The property's expansive lot size provides ample room for expansion or additional development. The McLean County location offers convenient access to transportation routes and infrastructure. With its versatile design and substantial acreage, this property is ideal for entrepreneurs seeking a multi-faceted industrial space. The asking price is $649,000. The APN is 16-36-400-006. This institutional-grade investment is ready for its next chapter. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ellsworth
    County
    McLean
    State
    Illinois
    Longitude
    -88.6935
    Latitude
    40.4863

    Comparable in this City

    • Value Estimation by Request

      304 Main St

      COMMERCIAL (GENERAL)
      304 Main St, Ellsworth, IL 61737-7548
      View Details
    • Value Estimation by Request

      307 Main St

      COMMERCIAL (GENERAL)
      307 Main St, Ellsworth, IL 61737
      View Details
    • Value Estimation by Request

      Ellsworth, IL 61737

      VACANT COMMERCIAL LAND
      Ellsworth, IL 61737
      View Details
    • Value Estimation by Request
      0.06 Acres

      107 Main St

      COMMERCIAL (GENERAL) • 0.06 Acres
      107 Main St, Ellsworth, IL 61737
      View Details
    • Value Estimation by Request

      Ellsworth, IL 61737

      VACANT COMMERCIAL LAND
      Ellsworth, IL 61737
      View Details
    • Value Estimation by Request
      0.32 Acres

      104 En St

      COMMERCIAL (GENERAL) • 0.32 Acres
      104 En St, Ellsworth, IL 61737-7583
      View Details
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    29738 1400 Rd
    Ellsworth, IL 61737
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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