350 Us-20 Cherry Valley, IL 61016
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 350 Us-20
- Lot size
- 20.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
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
- Cherry Valley
- County
- Boone
- State
- Illinois
- Longitude
- -88.9375
- Latitude
- 42.2379
