0 Hickory Grove Rd Dunlap, IL 61525
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.