0 Truitt Ave, Chillicothe, IL 61523
This exceptional 7.01-acre commercial land parcel presents a unique investment opportunity in Chillicothe, Illinois. Ideally situated with convenient access from both Truitt Road and Bradley Avenue, this property boasts a highly desirable C3 zoning classification, subject to zoning restrictions. A preliminary plat is already available, streamlining the development process. The location offers excellent visibility and accessibility, benefiting from significant daily traffic counts: 13,700 vehicles per day on Route 29 and 3,750 vehicles per day on Truitt Road itself. This strategic positioning within the heart of Chillicothe ensures high exposure for any future development. The expansive lot size provides ample space for a variety of commercial ventures, making it an attractive prospect for businesses seeking a prominent location with strong traffic flow. The asking price for this exceptional property is $600,000. Serious inquiries are encouraged to explore the potential of this prime commercial land. The property is located in Peoria County, Illinois, with the address listed as W Truitt Ave, Chillicothe, IL 61523.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.