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    OFF-MARKET
    Land

    0 Truitt Ave, Chillicothe, IL 61523

    7.01 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 7.01 ac (305,356 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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