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    Property profile & analytics

    46 Us-20 Cherry Valley, IL 61016

    • Land
    • 142.00 lot acres
    For Sale
    View listing
    $2,440,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 46 Us-20

    Lot size
    142.00 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cherry Valley
    County
    Boone
    State
    Illinois
    Longitude
    -88.9375
    Latitude
    42.2379

    Comparable in this City

    • Value Estimation by Request
      20.00 Acres

      350 Us-20

      Farms • 20.00 Acres
      350 Us-20, Cherry Valley, IL 61016
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    • Value Estimation by Request
      1,500,000 SF

      I-39 And Baxter Rd

      Land • 1,500,000 SF
      I-39 And Baxter Rd, Rockford, IL 61016
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    • Value Estimation by Request
      140.00 Acres

      I-39 And Baxter Rd

      Land • 500,000 SF
      I-39 And Baxter Rd, Rockford, IL 61016
      View Details
    • Value Estimation by Request
      60.25 Acres

      Baxter Rd

      Land • 60.25 Acres
      0 Baxter Rd, Cherry Valley, IL 61016
      View Details
    • Value Estimation
      $845,000
      37,584 SF

      7770 Ceroni Rd

      INDUSTRIAL (GENERAL) • 37,584 SF
      7770 Ceroni Rd, Cherry Valley, IL 61016-2300
      View Details
    • Value Estimation by Request
      675,270 SF

      5th Baxter Rd

      INDUSTRIAL (GENERAL) • 675,270 SF
      5th Baxter Rd, Cherry Valley, IL 61016
      View Details

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    46 Us-20
    Cherry Valley, IL 61016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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