32749 State Rte Arlington, WA 60481
This exceptional 242-acre property in Arlington, Washington, presents a unique investment opportunity. Located at 32749 State Route 53, this expansive land boasts a diverse range of features ideal for recreation and potential commercial development. The property includes six bodies of water, perfect for fishing and swimming, and over 60 acres of tillable soil. Extensive woods and numerous trails provide ample opportunities for hiking and exploring. The existing three-bedroom cottage offers serene views and comfortable living. Currently used as a residential estate, the property's zoning allows for a variety of commercial uses, including a resort, campground, recreational club, corporate retreat, residential development, or mixed-use project. Its proximity to Chicago (45 minutes south) adds significant appeal. The asking price is $2,899,000, and the seller is motivated to find a suitable buyer, considering all reasonable offers. This is a rare chance to acquire a substantial land holding with significant potential for diverse uses and strong recreational value. The property is situated in Will County, WA, zip code 60481. Don't miss this opportunity to own a piece of this recreational paradise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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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.