For Sale
$60,000

1660 Us-24 Paloma, IL 62359

4.68 Acres, Development Potential, $60,000

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 4.68-acre property in Paloma, Illinois, presents a unique investment opportunity. Located at 1660 US-24, Adams County, zip code 62359 (approximate address), this versatile land parcel is zoned for agricultural, commercial, and residential uses. Currently utilized as farmland under a crop-share agreement generating approximately $1,700 annually for the owner, the land offers significant potential for development. The property is ideal for various projects, including manufactured home or modular home communities, single-family residential lots, or commercial ventures. City water and sewer are reportedly available, enhancing the development possibilities. The land is described as having three terraces. The sale includes 100% ownership. This is a prime building site with excellent potential for future growth and income. Serious inquiries only. Note that the property address is approximate.

Highlights

  • $60,000 asking price for 4.68 acres of land.
  • Located at 1660 US-24, Paloma, IL 62359.
  • Zoned for agricultural, commercial, and residential uses.
  • Suitable for development, including manufactured homes, modular homes, and single-family homes.
  • Currently farmed with a crop-share agreement generating approximately $1,700 annually for the owner.
  • City water and sewer potentially available.

Property Details for 1660 Us-24

Property type
Land, Farms
Lot Size (sq. ft)
203,861 SF

Location Insight

City
Paloma
County
Adams
State
Illinois
Latitude
40.025065773349
Longitude
-91.193408870344

FAQs

What type of property is this?
Land - 4.68 Acres, Development Potential, $60,000
Where is the land located?
The property is located at 1660 Us-24 Paloma, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: $60,000 asking price for 4.68 acres of land.; Located at 1660 US-24, Paloma, IL 62359.; Zoned for agricultural, commercial, and residential uses.
How can I contact the broker?
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1660 Us-24
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