350 Us-20 Cherry Valley, IL 61016
This exceptional 20-acre commercial property, located at 350 US-20 in Cherry Valley, Illinois (zip code 61016), presents a remarkable investment and development opportunity. Boone County zoning designates this land as Commercial, Farm, and Industrial, offering considerable flexibility for various uses. The property boasts over 2,100 feet of frontage along the heavily trafficked US-20 Highway, ensuring high visibility and accessibility. Its strategic location is approximately 2.5 miles west of the Chrysler Assembly Plant and just 1 mile east of the I-90/I-39 and I-39/US 20 interchanges, providing convenient access to major transportation routes. Further enhancing its appeal, fiber optics are available directly at the property, making it particularly suitable for data centers or other high-tech businesses. Utilities such as sewer and water are readily accessible nearby. The Union Pacific Railroad runs along the entire northern border of the property, offering additional logistical advantages. The seller is willing to consider dividing the land, making it an attractive option for both large-scale and smaller development projects. This property is priced at $3,049,200.
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
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.