Laminack Road

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Laminack Road

Carterville, IL 62918
Asking Price
$65K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Five acres of land available on Laminack Road
  • Priced at sixty-five thousand dollars for the total parcel
  • Located in the city of Carterville, Illinois
  • Suitable site for residential or private agricultural development
  • Positioned within a growing Southern Illinois submarket

What's Special

Five acres of land on Laminack Road in Carterville, Illinois, represent a straightforward acquisition for those looking to expand their real estate portfolio in a growing regional market. Situated within Williamson County, this parcel benefits from the accessibility of the Southern Illinois region, which serves as a central hub for logistics and commerce. The site offers sufficient scale for various development projects, ranging from single-family residential construction to private recreational utility or long-term agricultural land banking. Investors will find that the surrounding area maintains a steady pace of growth, supported by established regional infrastructure and proximity to major thoroughfares. This tract of land provides a blank slate for strategic development in a quiet yet connected location, appealing to buyers who prioritize flexibility and consistent market potential. The geography of the site is well-suited for multiple land use applications, making it a functional addition to a diverse investment strategy in the Carterville submarket.

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NOI
$80,000
Cap Rate
123.08%
DSCR
20.73
Strong
Cash-on-Cash
390.47%
Monthly Payment
$321.585
Annual Cash Flow
$76,140.986

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