Canal Rd Minooka, IL 60447
- Land
- 140.19 lot acres
Current Use by Public Records
- Land
Property Details for 0 Canal Rd
- Lot size
- 140.19 lot acres
- Property type
- Land
Description
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.
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
- Minooka
- County
- Grundy
- State
- Illinois
- Longitude
- -88.2399
- Latitude
- 41.4616
