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    OFF-MARKET
    Land

    760 Progress Pkwy, La Salle, IL 61301

    27.88 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 27.88-acre industrial land parcel presents a unique investment opportunity in La Salle, Illinois. Located at 760 Progress Pkwy, this vacant, level site boasts full city utility and service access, making it ideal for immediate development. The property is conveniently situated within the M-1 zoned Cannon Industrial Park, offering easy access to Interstate 80 via the IL Route 178 interchange (Utica Exit) and excellent frontage on US Route 6. Its prime location in LaSalle County's Starved Rock Country provides exceptional visibility and accessibility. The site is annexed to the City of LaSalle and is within a 1.5-hour radius of major metropolitan areas including Chicago, Rock Island/Moline, Rockford, and Bloomington/Normal, ensuring a strong potential market reach. Previously proposed for an executive boat and RV storage facility, this versatile land offers significant potential for a variety of industrial uses. The asking price is $2,400,000. The property's zip code is 61301.

    Property profile
    Verified
    Property type Land
    Lot 27.88 ac (1,214,453 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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