0 Lake Rd Canton, IL 61520
This exceptional 127.23-acre agricultural property in Canton, Illinois, presents a unique investment opportunity. Located on N. Lake Road, with APN 09-08-24-200-001 and 10-09-19-100-001, this land boasts a prime location near Lake Canton, offering stunning lake views and convenient access via a private 26-foot wide lane. Currently zoned AG, the property has no history of flooding and is certified for organic farming, allowing for higher-revenue crop production. Its proximity to Canton, the largest city in Fulton County, with a population of 23,738 within 3 miles, a median age of 34.4, and an average household income of $154,639, makes it ideal for various developments. The property's potential extends beyond agriculture, with possibilities for solar and wind energy projects. The asking price is $1,200,000. This remarkable parcel offers elevated vistas and is surrounded by plots slated for future development, making it a compelling investment in a thriving community. Lake Canton provides recreational opportunities including boating, fishing, and sports.
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.