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Property profile & analytics
OFF-MARKET
Land

0 Northwinds Dr Waterloo, IL 62298

1.88 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.88-acre commercial land parcel presents a unique investment opportunity in Waterloo, Illinois. Priced at $122,839 ($1.50/sq ft), this bank-owned property boasts a highly visible location along Route 3, ensuring maximum exposure for any future development. The lot is zoned B-3, offering a wide range of potential uses. All utilities and street improvements are already in place, significantly reducing development costs and timelines. Adding to its appeal, this property is situated within an Enterprise Zone, potentially offering attractive tax incentives and benefits for qualified businesses. The property's APN is 07-12-165-005-000. This prime location, coupled with the existing infrastructure and zoning, makes this a truly exceptional opportunity for developers and investors seeking a strategic foothold in a thriving area. The land is conveniently located on Northwinds Dr, Waterloo, IL 62298, in Monroe County. The sale price per acre is $65,340. Don't miss this chance to acquire a ready-to-develop commercial site in a desirable location.

Property profile
Verified
Property type Land
Lot 1.88 ac (81,893 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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