Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial land

    701 N Cummings Ln, Washington, IL 61571

    1.44 ac lot
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US28-0600706
    Property summary
    AI-generated overview

    This exceptional 1.45-acre commercial lot presents a remarkable opportunity for developers and investors. Located at 701 N Cummings Lane in Washington, Illinois, this property boasts a highly desirable location, situated between the thriving Barry Business Center – home to established businesses such as Blue Margarita, Shear Creations, and StarCrest – and a picturesque pond. The strategic positioning ensures excellent visibility and accessibility for any commercial venture. The lot's size offers ample space for the construction of a strip mall, restaurant, or other commercial buildings, catering to a diverse range of business needs. The presence of a nearby hotel further enhances the property's appeal, providing a convenient amenity for potential customers and employees. This prime location offers significant potential for growth and return on investment, making it an ideal opportunity for those seeking to establish a successful commercial enterprise in a vibrant and growing community. The property is offered at $225,000 and is ready for immediate development. Utilities are available, and zoning information can be provided upon request. Don't miss this chance to secure a highly visible and strategically located commercial lot in a thriving area.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.44 ac (62,726 SF)
    APN 02-02-15-302-001
    UPID US28-0600706
    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
    Ksc Holdings LLC · 4 yrs held
    Ksc Holdings LLC
    since 2022
    Last sale
    $175,000
    7 recorded transactions
    2022
    2018
    2015
    2010
    $175,000
    2009
    $225,000
    2008
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message