Main Street RNG/blk 8 TWP 46

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Main Street RNG/blk 8 TWP 46

Barry, IL 62312
Asking Price
Contact for price
Asset Type
Single Family Rental Portfolio Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property covers a total area of 0.17 acres.
  • Located in Barry Illinois within Pike County.
  • Classified as a single-family rental portfolio asset type.
  • Features a manageable size for residential development projects.
  • Suitable for investors looking to expand into Illinois markets.

What's Special

Situated in Barry, Illinois, this 0.17-acre parcel sits within a region characterized by its accessible Midwestern landscape. Barry benefits from its positioning within Pike County, where small-town growth and local residential demand drive interest in land development. This site is currently designated as a single-family rental portfolio asset, offering potential for those focused on localized residential expansion or housing inventory development. The property provides a manageable footprint for investors aiming to increase their holdings within a quiet, established community. Market participants may find the scale of this tract appropriate for targeted residential projects or long-term land banking strategies in a stable Illinois submarket. The surrounding area remains defined by steady growth patterns common to rural Illinois municipalities, supporting various potential development paths for interested parties.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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