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Property profile & analytics
OFF-MARKET
Land

14025 Il-72 Genoa, IL 60135

34 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 34-acre property in Genoa, Illinois, presents a remarkable high-density residential development opportunity. Strategically located on State Highway 72, this Class A land boasts excellent visibility and accessibility, with a 2019 IDOT traffic count of 8,100 vehicles daily. Its prime location is adjacent to both commercial and residential areas, ensuring a thriving community setting. The property's Future Land Use Map designates it for high-density residential development, simplifying the approval process. Convenient access to I-90 via State Highway 23 interchange further enhances its appeal. The property benefits from existing city water and sanitary sewer lines at its edge, minimizing infrastructure costs. Included in the sale are existing buildings and a home situated on the land. The land itself is currently used for agriculture, featuring Class A soils (Danabrook, Elpaso, and Barony) with a Productivity Index of 137. The property's APN is 03-20-326-001 and 03-20-326-010. The Canadian Pacific Railway runs along the northern boundary. This is a rare opportunity to acquire a substantial parcel of land with significant development potential in a rapidly growing area. The asking price is $1,500,000. The property is offered fee simple.

Property profile
Verified
Property type Land
Lot 34 ac (1,481,040 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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