Property summary
The property is a 2.66-acre parcel in Forreston, Illinois, configured for residential development with 12 buildable lots zoned for R1 or R2 use. On-site improvements include a 32 ft by 48 ft cement block shed with a loft and a barn equipped with electric service. City utilities are available at the property line. The site also includes a well and pump jack for water supply and has been historically used for agricultural activities such as pasturing horses and producing vegetables via gardens. The barn’s configuration may allow for conversion to a barndominium-style layout with office and/or living quarters, and the property is subject to city code restrictions that currently do not allow animals.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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