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    OFF-MARKET
    Land

    0 Eastgate And Ct St, Kankakee, IL 60901

    12.32 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12.32-acre agricultural property in Kankakee, Illinois, presents a compelling investment opportunity. Located at the intersection of Eastgate and Court Streets, zip code 60901, this land boasts significant frontage along I-57 and Eastgate Parkway, offering unparalleled accessibility and visibility. Its strategic location makes it ideal for a variety of commercial ventures, including trucking, light manufacturing, and other businesses seeking high-traffic exposure. The property's zoning and potential uses should be independently verified. The asking price for this expansive parcel is $645,000. Given its proximity to the Interstate and the potential synergy with nearby developments, this site offers substantial growth potential. The property's agricultural classification provides flexibility for future development, subject to local ordinances and approvals. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the property's capabilities and limitations. This is a rare opportunity to acquire a large, strategically located parcel of land in a growing area of Kankakee County. Interested parties are encouraged to conduct their due diligence to confirm suitability for their intended use. The coordinates for the property are latitude 41.124255080480935 and longitude -87.83574360076744.

    Property profile
    Verified
    Property type Land
    Lot 12.32 ac (536,659 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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