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Property profile & analytics
OFF-MARKET
Land

4008 229 St Ct Port Byron, IL 61275

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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