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    Land

    0 Potential Homestead Lots, Beecher, IL 60401

    78.15 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 78.15-acre property in Beecher, Illinois, presents a unique opportunity to develop premium estate lots. Located in Will County, this land boasts an A1 Agricultural zoning designation, allowing for the creation of homes or farm sites on parcels exceeding 10 acres with over 300 feet of road frontage. Conveniently situated on Manteno Road, it's approximately 7 miles southeast of Wilmington, IL, and just 10 miles west of Manteno and the I-57 interchange, offering easy access to major transportation routes. The property's country setting provides a secluded and desirable location for future homeowners. The asking price is $1,500,500, with potential for dividing the land into up to seven 10+ acre lots. Lot pricing is estimated at $19,000-$23,500 per acre, depending on size and location within the property. The property's APN is 08-25-22-100-002-0000. Prospective buyers are strongly encouraged to independently verify zoning regulations with Will County before submitting an offer. This information is believed to be accurate but is not considered legal advice. This is a rare opportunity to acquire a large parcel of land in a highly sought-after location, perfect for creating exclusive, private home sites. The property is approximately one hour southwest of Chicago.

    Property profile
    Verified
    Property type Land
    Lot 78.15 ac (3,404,214 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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