0 Potential Homestead Lots, Beecher, IL 60401
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.
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
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Property description
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