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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    2908 3Rd Rd, LaSalle, IL 61301

    Individually Owned 4-yr Hold
    Property ID
    US28-3722073
    Property summary
    AI-generated overview

    This exceptional 77.48-acre commercial land parcel presents a unique development opportunity in LaSalle County, Illinois. Located at 2908 E 3rd Rd, LaSalle, IL 61301, this flat, industrial-light zoned property is situated within a thriving mixed-use business park, offering unparalleled access to major transportation arteries. The site benefits from its proximity to IL-251 (0.25 miles), I-80 & I-39 (1 mile), and the IL Valley Regional Airport (2 miles). Utilities are readily available, including Ameren Illinois for electricity and natural gas, and water and sewer services provided by the City of Peru/LaSalle. The property's location within a Tax Increment Financing (TIF) district and an Enterprise Zone provides significant financial incentives for developers. This prime location, coupled with its advantageous zoning and infrastructure, makes this an ideal site for a wide range of commercial ventures. The sale price is available upon request. Contact us today to learn more about this exceptional development opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US28-3722073
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Gerald F Cleer · 4 yrs held
    Gerald F Cleer
    since 2021
    2 recorded transactions
    2021
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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