For Sale
$595,000

I-72 Rte Barry, IL 62312

Prime Illinois Commercial Land, $595,000

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 25.46-acre commercial land parcel presents a unique investment opportunity in Barry, Illinois. Strategically located immediately adjacent to I-72 Exit 20 in western Pike County, this property boasts significant frontage along both I-72 and a county road. The gently rolling terrain offers excellent visibility and accessibility. The site benefits from the presence of all utilities except gas. This location is particularly attractive due to its proximity to Barry, Illinois, situated directly across I-72. The seller, a regional electric provider, is keen to facilitate additional power supply and job creation in the area. Further enhancing its appeal, this property is situated within both a Tax Increment Financing (TIF) district and an Enterprise Zone, indicating a supportive local government actively promoting economic development. The Barry city officials are known for their proactive and forward-thinking approach to business development. The property's APN is 46-027-07c and 46-027-07e. The asking price is $595,000, translating to approximately $23,370 per acre. The permitted zoning is B-2 Highway Business, allowing for a wide range of commercial uses. This is a rare opportunity to acquire a substantial, well-located commercial land parcel with significant development potential.

Highlights

  • 25.46-acre commercial land parcel in Barry, IL.
  • Prime I-72 (Exit 20) location with excellent visibility and road frontage.
  • All utilities available except gas; seller will assist with power upgrades.
  • Located in a TIF district and Enterprise Zone, offering tax incentives.
  • B-2 Highway Business zoning allows diverse commercial uses.
  • Asking price: $595,000 ($23,370/acre).

Property Details for I-72 Rte

Property type
Land
Lot Size (sq. ft)
546,678 SF

Location Insight

City
Barry
County
Pike
State
Illinois
Latitude
39.6947504
Longitude
-91.0171777

FAQs

What type of property is this?
Land - Prime Illinois Commercial Land, $595,000
Where is the land located?
The property is located at I-72 Rte Barry, IL.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 25.46-acre commercial land parcel in Barry, IL.; Prime I-72 (Exit 20) location with excellent visibility and road frontage.; All utilities available except gas; seller will assist with power upgrades.
How can I contact the broker?
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I-72 Rte
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