Lake Rd Canton, IL 61520
- Land
- 127.23 lot acres
Current Use by Public Records
- Land
Property Details for 0 Lake Rd
- Lot size
- 127.23 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Fulton
- State
- Illinois
- Longitude
- -89.9903
- Latitude
- 40.5851
