Property profile

760 Progress Pkwy La Salle, IL 61301

OFF-MARKET
Land
27.88 ac lot
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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

Location

760 Progress Pkwy La Salle, IL 61301
La Salle metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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