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    OFF-MARKET
    Commercial real estate

    2878 5Th Rd, La Salle, IL 61301

    231 ac lot
    Property ID
    US28-3706317
    Property summary
    AI-generated overview

    This exceptional 231-acre farm in La Salle County, Illinois, presents a unique investment opportunity. Located at 2878 E 5th Rd, La Salle, IL 61301 (APN: 18-11-201-000; 18-12-103-000; 18-01-301-000), this property boasts highly productive agricultural land ideal for soybean and corn cultivation. Currently subject to annual leases, the land offers a strong, consistent income stream. The asking price is $4,621,400, translating to $20,000 per acre, reflecting the land's exceptional value. The property's strategic location near new industrial development south of Interstate 80 positions it for significant future appreciation. This land has a rich history, with parcels having been in the same family since the 1860s. Detailed plats of survey and drone video are available for prospective buyers to thoroughly assess the property's potential. This is a rare chance to acquire a substantial, historically significant, and strategically located farmland with excellent potential for both agricultural production and future development. Don't miss this opportunity to own a piece of Illinois farmland with a proven track record and promising future.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 231 ac (10,062,360 SF)
    APN 18-11-201-000; 18-12-103-000; 18-01-301-000
    UPID US28-3706317
    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
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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