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    Property profile & analytics

    Hickory Grove Rd Dunlap, IL 61525

    • Land
    • 11.74 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Hickory Grove Rd

    Lot size
    11.74 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 11.74-acre commercial and industrial land parcel presents a unique investment opportunity in Dunlap, Illinois. Strategically located at the corner of Route 40 and Hickory Grove Road, this property boasts a prime location with high visibility and accessibility. The site benefits from a signalized intersection and impressive daily traffic counts of 11,100 vehicles, ensuring maximum exposure for any development. Zoned C2 and A2, the land offers considerable flexibility for a variety of commercial and industrial uses. A preliminary plat is readily available, simplifying the development process. Adding to its appeal, a billboard lease, in place since 2002 with Adams Outdoor, generates consistent rental income. The property's proximity to Route 6 (within 2 miles) further enhances its connectivity and logistical advantages. This is a rare opportunity to acquire a substantial, well-located parcel with existing income and significant development potential in a thriving area of Peoria County. The property's address is W Hickory Grove Rd, Dunlap, IL 61525.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dunlap
    County
    Peoria
    State
    Illinois
    Longitude
    -89.6153
    Latitude
    40.8283

    Comparable in this City

    • Value Estimation by Request

      Tulip Trl

      Land
      0 Tulip Trl, Dunlap, IL 61525
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    • Value Estimation by Request
      0.58 Acres

      304 1st St

      INDUSTRIAL (GENERAL) • 0.58 Acres
      304 1st St, Dunlap, IL 61525
      View Details
    • Value Estimation
      $50,000
      0.08 Acres

      100 1st St

      INDUSTRIAL (GENERAL) • 0.08 Acres
      100 1st St, Dunlap, IL 61525-8031
      View Details
    • Value Estimation by Request
      1.96 Acres

      300 1st St

      INDUSTRIAL (GENERAL) • 1.96 Acres
      300 1st St, Dunlap, IL 61525
      View Details
    • Value Estimation
      $325,000
      1.38 Acres

      200 1st St

      INDUSTRIAL (GENERAL) • 1.38 Acres
      200 1st St, Dunlap, IL 61525-8032
      View Details
    • Value Estimation
      $375,000
      4.43 Acres

      Dunlap, IL 61525

      INDUSTRIAL (GENERAL) • 4.43 Acres
      Dunlap, IL 61525
      View Details

    Similar Nearby for Sale

    • $850,000
      11.74 Acres

      Dunlap, IL Commercial Land - $850K

      11.74 Acres, C2 & A2 Zoning, High Traffic
      0 Hickory Grove Rd, Dunlap, IL 61525
      View Details
    • $65,500

      Buildable Lot in Dunlap, IL

      Spacious lot in Dunlap School District, ideal for building.
      13422 N State Route 40, Dunlap, IL 61525
      View Details
    • $99,900
      0.42 Acres

      Residential Lot in Dunlap, IL

      Vacant lot in Dunlap's sought-after Hunters Trail Estates.
      11428 N Boulder Creek Ct, Dunlap, IL 61525
      View Details
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    Hickory Grove Rd
    Dunlap, IL 61525
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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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