Property profile

1726 600 East Rd Gilman, IL 60938

OFF-MARKET
Land
34.38 ac lot
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Property summary

AI-generated overview

This exceptional 34.38-acre property in Gilman, Illinois, presents a unique investment opportunity. Strategically located with convenient access to Interstate 57 and Route 24, this land offers unparalleled connectivity for commercial and industrial ventures. Partially within city limits, it boasts significant infrastructure advantages, including a transmission line, a 10-inch sewer main, and an 8-inch water main on the south side. Gas line hook-up is readily available, ensuring reliable energy for any development. Priced at $1,203,300 ($35,000/acre), this expansive parcel is ideal for a variety of projects, promising substantial returns for forward-thinking investors. The property's address is 1726 N 600 East Rd, Gilman, IL 60938, in Iroquois County. Its diverse zoning (Agricultural, Commercial, Farm) allows for flexible development plans. This is a rare chance to shape the future of Gilman's landscape and capitalize on its growth potential. Don't miss this chance to acquire a significant piece of prime Illinois real estate.

Property profile

Verified
Property type Land
Lot 34.38 ac (1,497,593 SF)

Cap rate & NOI

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

Location

1726 600 East Rd Gilman, IL 60938
Gilman metro
Google Maps

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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