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940 Clinton Ave - Vacant Commercial Opportunity - 940 E Clinton 1.75 Acres of Commercial Land Offered at $149,900 in Farmer City, IL 61842
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 | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$8,100
|
$4,628.57
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$8,100
|
$4,628.57
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $8,100 |
| Annual Per AC | $4,628.57 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $8,100 |
| Annual Per AC | $4,628.57 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $149,900 | Lot Size | 1.75 AC |
| Price Per AC | $85,657.14 |
| Price | $149,900 |
| Price Per AC | $85,657.14 |
| 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.
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940 Clinton Ave - Vacant Commercial Opportunity - 940 E Clinton
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