Property summary
This exceptional 76-acre property in Roscoe, Illinois, presents a compelling investment or development opportunity. Currently zoned RR (Rural Residential), this land offers considerable road frontage on Atwood Road and boasts a strategic location—within 10 minutes of the I-39/90 interchange via Route 173 or Highway 251. The property's advantageous position is further enhanced by its proximity to several upscale residential subdivisions. 72 acres are currently tillable and leased for agricultural purposes, generating an annual income of $16,200 ($225/acre) through 2023. The RR zoning permits the construction of single-family homes on minimum 25,000 square foot lots, opening possibilities for a new residential subdivision or a 55+ community. The property's APN is 0802426005. This versatile land parcel offers a unique blend of income-generating potential and significant development upside, making it an attractive proposition for discerning investors and developers alike. The lease on the tillable land expires in approximately 0.2 years. The property is located in Winnebago County, Illinois, with a zip code of 61073.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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