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Lt0 7th St - Lt0 7th St, Rochelle, IL 61068

31.58 Acres of Commercial Land Offered at $700,000 in Rochelle, IL 61068

Property Facts

Price $700,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 31.58 AC

1 Lot Available

Lot

Price $700,000
Price Per AC $22,166
Lot Size 31.58 AC

Description

Great opportunity, 31.58+ acres zoned B-2 in the City of Rochelle and contains 29.04 tillable acres with a Crop Productivity Index of 134.4. The property is within .30 miles of the I-88/Route 251 Interchange and within 1 mile of downtown Rochelle. Parcel has 423 ft of frontage on Rt 251 with traffic counts in excess of 5,800 daily and 803.6 ft of road frontage on Standard Oil Rd. Positioned among neighboring properties with residential zoning and commercial zoning creates potential avenues for expansion or diversification of land use, catering to a diverse array of investment objectives. Opportunity to acquire this versatile parcel, offering a harmonious blend of agricultural richness and development potential. Current use is ag.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 24-25-376-002
  • 24-25-376-019
  • 24-25-376-008
  • 24-25-376-021
Land Assessment
$90,234
Improvements Assessment
$0
Total Assessment
$90,234

zoning

Zoning Code B-2 (General Business District)
B-2 (General Business District)
  • Listing ID: 32780917

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: Lt0 7th St, Rochelle, IL 61068

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