0 Canal Rd Minooka, IL 60447
This exceptional 140.19-acre land parcel presents a unique investment opportunity in Minooka, Illinois. Located on Canal Road, this property boasts significant advantages for developers and investors. The land is zoned for agricultural use (Ag), offering flexibility for various projects. Its strategic location provides excellent visibility from Interstate 80, ensuring high traffic exposure. The property's considerable size allows for substantial development potential. Furthermore, the site benefits from the proximity of existing sewer and water lines, simplifying infrastructure development. Multiple stub streets within the property enhance accessibility and potential for subdivision. The asking price is $3,500,000, translating to a land value of $25,000 per acre. The property's contiguity to the Village of Minooka adds to its appeal, offering potential for synergistic development opportunities. This is a rare chance to acquire a large, well-situated tract of land in a growing area of Illinois. The combination of size, location, and infrastructure access makes this property an attractive investment.
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
Similar Nearby for Lease
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.