Property profile

13391 Il. Hwy Paris, IL 61944

OFF-MARKET
Land
1,994 SF 10 ac lot
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Property summary

AI-generated overview

This exceptional 10-acre property in Paris, Illinois, presents a unique opportunity to acquire a thriving produce business alongside a comfortable residence. The main attraction is the established produce patch, boasting 55-60 varieties of fruits and vegetables, offering significant income potential. The charming 1,994 square foot, three-bedroom home features modern amenities and a newer all-season porch overlooking the expansive grounds. Supporting the business are several essential outbuildings, including a large 40x80 pole building with a partial concrete floor, a recently roofed barn offering ample storage, and a three-story crib for additional storage. A 30x96 greenhouse ensures year-round cultivation, while a large built-in cooler maintains produce freshness. Located on picturesque Illinois Highway 1, this property offers a blend of rural tranquility and business opportunity, just minutes from Paris. The property's combination of residential comfort and established agricultural enterprise makes it an ideal investment for entrepreneurs and those seeking a self-sufficient lifestyle. The property's location provides easy access to local markets and transportation routes, enhancing its commercial viability. This turnkey operation is ready for a new owner to continue its success or expand upon its existing foundation. The property's size and diverse structures offer significant flexibility for future development and expansion. This is a rare opportunity to own a piece of agricultural paradise with immediate income potential.

Property profile

Verified
Property type Land
Total area 1,994 SF
Lot 10 ac (435,600 SF)

Cap rate & NOI

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

Location

13391 Il. Hwy Paris, IL 61944
Paris 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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