Property profile

0 Mcnair Rd Winnebago, IL 61088

OFF-MARKET
Land
100 ac lot
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Property summary

AI-generated overview

This exceptional 100-acre commercial land parcel presents a unique investment opportunity in Winnebago County, Illinois. Located on McNair Road, with frontage on US Highway 20, this property boasts an agricultural zoning designation, offering versatile development potential. The land is currently leased for 2024, providing immediate income potential. A significant portion (80%) consists of Osco soil, with additional Troxel and Ogle soil types present. The property's productive capacity is further enhanced by a current solar lease on the western 80 acres, generating substantial additional income. City water and sewer are conveniently located on the south side of McNair Road. The property's assessment number is 1409200001. This property is ideal for 1031 exchange buyers seeking a high-yield, diversified investment. The asking price is $3,390,281. Detailed soil surveys and lease agreements are available upon request. Don't miss this chance to acquire a prime piece of Illinois farmland with significant income streams and future development possibilities. The property's location on the east edge of Winnebago, IL, provides easy access to transportation routes and local amenities.

Property profile

Verified
Property type Land
Lot 100 ac (4,356,000 SF)

Cap rate & NOI

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

Location

Mcnair Rd Winnebago, IL 61088
Winnebago 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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