251 & Richard Moyle Sr. Hwy Oglesby, IL 61348
- Land
- 101.91 lot acres
Current Use by Public Records
- Land
Property Details for 251 & Richard Moyle Sr. Hwy
- Lot size
- 101.91 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 101.91-acre parcel presents a unique opportunity for industrial development in Oglesby, Illinois. Strategically located at the intersection of Illinois 251 and Richard Moyle Sr. Highway in LaSalle County, this property boasts a Light Industrial zoning designation, making it ideal for a variety of commercial and industrial uses. The site benefits from convenient access to major transportation arteries, including proximity to Interstate 39 (0.25 miles), Route 251 (0.25 miles), Route 71 (1 mile), and Interstate 80 (6 miles). Furthermore, the property is situated just 8 miles from the Illinois Valley Regional Airport, offering excellent logistical advantages. Infrastructure is already in place, with city water and sewer readily available. The property is situated within both an Enterprise Zone and a Tax Increment Financing (TIF) District, offering potential tax benefits and incentives for developers. A completed Alta survey is available, streamlining the due diligence process. Low city electric rates further enhance the cost-effectiveness of this prime location. This expansive tract offers significant potential for businesses seeking a well-connected and advantageous location for their operations. Don't miss this chance to acquire a substantial land holding in a thriving industrial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oglesby
- County
- LaSalle
- State
- Illinois
- Longitude
- -89.0867
- Latitude
- 41.2809
