2020 Main St Jacksonville, IL 62650
This exceptional 9.7-acre development site presents a rare opportunity in Jacksonville, Illinois. Located within the highly desirable South Jacksonville Tax Increment Financing (TIF) District, this property benefits from available financial incentives designed to stimulate growth and development. The site boasts a strategic location at 2020 & 2022 South Main Street, 62650, enjoying high visibility and accessibility with a daily traffic count of 6,600 vehicles. This translates to significant potential for commercial or residential projects. The land is priced at $645,000, representing a value of $66,495 per acre. This is one of the last remaining developable parcels within the TIF District, making it a truly unique investment opportunity. The property's size and location offer developers a blank canvas for a variety of projects, capitalizing on the existing infrastructure and the economic advantages offered by the TIF District. Its prime location ensures excellent exposure and convenient access for future businesses or residents. Serious inquiries are encouraged to explore the potential of this exceptional development opportunity. The property's coordinates are 39.7028185 latitude and -90.2287534 longitude.
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Jumper Gordon CPA Tax Preparation
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.