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Property profile & analytics
OFF-MARKET
Land

0 Garden Prairie Rd Garden Prairie, IL 61038

100 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 100-acre commercial land parcel presents a unique investment opportunity in Boone County, Illinois. Located near Garden Prairie, between Belvidere and Marengo, just south of US Highway 20, this property offers significant potential. The land is currently zoned for agricultural use, providing flexibility for various commercial ventures. While the total acreage is 100 acres, the property includes approximately 112 acres of tillable land, with the remaining acreage wooded. The Productivity Index (PI) on the tillable land is approximately 121, based on Surety information. The property is currently leased for the 2024 crop year, providing immediate income potential. Beyond agricultural uses, the property also boasts excellent hunting opportunities, adding further value and appeal. The asking price is $1,794,467, translating to $10,900 per acre. The property's location offers convenient access to major transportation routes, making it an attractive option for a range of commercial developments. The APN is 0801200003. This is a rare opportunity to acquire a substantial land holding in a desirable location with diverse potential uses.

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
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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