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940 Clinton Ave - Vacant Commercial Opportunity - 940 E Clinton 1.75 Acres of Commercial Land Offered at $207,537 CAD in Farmer City, IL 61842

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INVESTMENT HIGHLIGHTS

  • 1.75 Acres ready for development
  • 2nd lot off a primary intersection that intersects Highway 54 and US Highway 150
  • 292' Highway frontage off of interstate 57

EXECUTIVE SUMMARY

Vacant commercial opportunity. 1.75 acres ready for development. Currently generating income. 8100/annual income from a billboard agreement and parking agreement. 292' of highway frontage. Less than one half mile from the interstate, accompanied by a Days Inn, Casey's Gas Station, Hucks Gas Station with access for semis, and a Dollar General. It's the second lot off a primary intersection that intersects 2 highways. Highway 54 and US Highway 150. Great place for strip mall, flex space, gas station, storage, restaurant, slots.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER AC (CAD)
Gross Rental Income $11,214 $6,408.26
Other Income - -
Vacancy Loss - -
Effective Gross Income $11,214 $6,408.26
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $11,214
Annual Per AC $6,408.26
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $11,214
Annual Per AC $6,408.26
Net Operating Income (CAD)
Annual -
Annual Per AC -

PROPERTY FACTS

Price $207,537 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • General Freestanding
  • Parking Lot
  • Restaurant
  • Self Storage
  • Storefront
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 1.75 AC

1 LOT AVAILABLE

Lot

Price $207,537 CAD
Price Per AC $118,592.32 CAD
Lot Size 1.75 AC

Vacant commercial opportunity. 1.75 acres ready for development. Currently generating income. 8100/annual income from a billboard agreement and parking agreement. 292' of highway frontage. Less than one half mile from the interstate.

  • Listing ID: 35538091

  • Date on Market: 2025-04-17

  • Last Updated:

  • Address: 940 Clinton Ave, Farmer City, IL 61842

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