4008 229 St Ct Port Byron, IL 61275
This exceptional 0-building lot, located at 4008 229TH Street Court North in Port Byron, Illinois, presents a unique investment opportunity. Priced competitively at $53,000, this property offers significant potential for both commercial and residential development. Situated in Rock Island County, zip code 61275, the land boasts a convenient location with coordinates 41.558879 latitude and -90.293072 longitude. The property is classified as both commercial and residential, providing flexibility for a variety of uses. Given the absence of existing buildings, this presents a blank canvas for a custom development tailored to specific needs. Buyers should note that septic installation is the responsibility of the purchaser. This presents an opportunity to design a system that perfectly complements the chosen development. The property's dual zoning allows for creative solutions, potentially combining commercial and residential elements in a single project. This versatile land parcel offers a chance to build a profitable venture or create a unique residential space in a desirable Illinois location. Serious inquiries are encouraged to explore the full potential of this promising investment. The property is ready for immediate development, making it an attractive option for those seeking a quick return on investment.
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
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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.