66 Corvette Dr, Litchfield, IL 62056
This exceptional commercial land offering encompasses 66 acres of prime developable land, strategically positioned in Litchfield, Illinois, along Route 66. The property features 18 lots zoned C-2 Commercial, providing ample opportunity for diverse development. Its highly visible location directly off I-55, Exit 52, boasts an impressive 25,600 average daily traffic count, ensuring significant exposure for any business. The site benefits from its inclusion within a Tax Increment Financing (TIF) district and an Enterprise Zone, offering attractive incentives for developers. This location is already home to several established national retailers and restaurant/hotel chains, including Walmart, Aldi, and Dollar Tree, creating a thriving commercial environment. The property's APN numbers are 10-32-100-010, 10-32-100-014, 10-32-100-015, 10-32-300-030, 10-32-300-032, 10-32-300-035, 10-32-300-050, 10-32-301-001, 10-32-351-003, and 10-32-357-002. Land value ranges from $.75 to $1.95 per square foot. The address is 66 Corvette Dr, Litchfield, IL 62056, situated conveniently between St. Louis, Missouri, and Springfield, Illinois. This presents a unique opportunity to capitalize on a high-traffic location with significant development potential and attractive financial incentives.
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
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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.