300 N Cummings Ln Washington, IL 61571
Property Lookup
Property profile & analytics
300 N Cummings Ln Washington, IL 61571
- Flex space
- 50,840 SF
- 9.67 lot acres
Property ID
US28-2176038
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Flex space
Property Details for 300 N Cummings Ln
- Year built
- 1996
- Lot size
- 9.67 lot acres
- Property size
- 50,840 SF
- Property type
- Flex space
- APN
- 02-02-16-400-024
- APU
- 20216400024
Description
This exceptional 9.67-acre vacant parcel presents a unique investment opportunity in Washington, Illinois. Boasting highly desirable I-1 industrial zoning, this flat, buildable land is ideally situated for immediate development. Its prime location at the planned intersection of the Freedom Parkway extension (currently ending near Walmart and Menards, with future extension to Cummings Lane) offers unparalleled access and visibility. The property is surrounded by a thriving mix of industrial businesses, retail establishments, medical facilities, and hotels, ensuring a strong and diverse surrounding community. This presents a rare chance to capitalize on the growth potential of this strategically located site. The property's flat terrain simplifies construction, minimizing site preparation costs and accelerating project timelines. The existing infrastructure and proximity to established businesses make this an attractive proposition for a wide range of commercial and industrial ventures. This is a truly exceptional opportunity to acquire a significant land holding in a rapidly developing area. The I-1 zoning allows for a variety of uses, providing flexibility for future development plans. Don't miss this chance to secure a prime piece of real estate in a high-growth sector of Washington, IL. The asking price is $1,000,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,455,000
- ML approach
- $2,620,000
-
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $4,510,000
- RESTAURANT
- $4,440,000
- APARTMENT HOUSE (5+ UNITS)
- $3,830,000
- COMMERCIAL (GENERAL)
- $3,600,000
- RETAIL STORES
- $3,460,000
- AUTO REPAIR, GARAGE
- $3,225,000
- WAREHOUSE, STORAGE
- $2,525,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.448
- Latitude
- 40.708
- CBSA code
- 37900
- CBSA name
- PEORIA, IL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,914
$153,060
$456,790
$609,850
-
$459,180
$1,370,370
$1,829,550
