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    OFF-MARKET
    Land

    0 State St, East Carondelet, IL 62240

    86.69 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 86.69-acre farm presents a unique investment opportunity in St. Clair County, Illinois. Located in East Carondelet, the property boasts an impressive 2,499 feet of frontage along the Mississippi River, offering stunning views and potential for various uses. The land is zoned for agricultural purposes, providing flexibility for farming operations or future development within the permitted zoning guidelines. The parcel includes 26.63 acres that are non-tillable, adding to the overall acreage and potential uses. Access to the property is convenient, with access points via State Street and Levee Road in East Carondelet. The asking price is $849,562, translating to a price per acre of $9,800. The property's APN is 06-08.0300-007. This expansive tract of land offers significant potential for agricultural endeavors, and its prime riverfront location presents additional opportunities for development, subject to local zoning regulations. Detailed surveys and soil reports are available upon request. Don't miss this chance to acquire a substantial piece of Illinois farmland with exceptional river access. The zip code is 62240.

    Property profile
    Verified
    Property type Land
    Lot 86.69 ac (3,776,216 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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