46 Us-20 Cherry Valley, IL 61016
This exceptional 142-acre property in Boone County, Illinois, presents a unique investment opportunity. Located at 46 US-20, Cherry Valley, IL 61016, this land is zoned CG (Commercial General) and offers diverse development potential. Ideal uses include solar farm development, battery energy storage systems (BESS), data centers, cannabis cultivation, traditional farming, hunting preserves, retreats, or even a cemetery. The property's strategic location adjacent to a forest preserve and a planned solar farm development enhances its value. Existing infrastructure includes nearby fiber optics, sewer, and water access. A railroad bisects the property, providing convenient transportation options. Note that a house located on the property is under separate contract. Annual property taxes are $12,729.62. The property is served by Grade School District 100. This versatile land parcel offers significant upside for a wide range of investors and developers. Serious inquiries only.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.