Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    0 Nwc Of Barr Rd. And Scheer Rd, Peotone, IL 60468

    30 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 30-acre property in Peotone, Illinois, presents a unique investment opportunity. Located at the Northwest corner of Barr Road and Scheer Road (60468), this land boasts several hundred trees of various species ripe for harvesting, making it ideal for a thriving tree farm operation. The property includes a one-acre creek-fed pond, providing a reliable irrigation source for sustained growth and potential future development. Electricity is readily available along the eastern border, adding to the property's practicality and potential for various uses. The land is zoned for agricultural use and is offered for sale as a fee simple ownership. The seller is open to considering the division of the property into 10-acre parcels, providing flexibility for buyers seeking smaller land holdings. With a price of $850,000, this translates to $28,333 per acre, reflecting the land's value and potential for both immediate income generation and long-term appreciation. This property is a rare combination of established income potential and significant development possibilities, making it an attractive investment for both experienced landowners and those seeking a strategic entry into the Illinois real estate market. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Land
    Lot 30 ac (1,306,800 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own Nwc Of Barr Rd. And Scheer Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message