221 W SINGING WOODS Road

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221 W SINGING WOODS Road

Chillicothe, IL 61523
Asking Price
$1.70M
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

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

  • Agricultural land parcel totaling 30.04 acres in Chillicothe.
  • Property located at 221 W Singing Woods Road.
  • Offered for sale at an asking price of 1,700,000.
  • Located within the established Peoria metropolitan agricultural submarket.
  • Features sufficient scale for varied agricultural or land-based operations.

What's Special

Chillicothe serves as a key community within the Peoria metropolitan area, offering a balance of industrial activity and expansive open space. Situated along West Singing Woods Road, this 30.04-acre agricultural parcel represents a significant landholding in a region characterized by its fertile soil and established agricultural industry. The property provides substantial scale for operators looking to expand farming operations or for investors seeking raw land within the Illinois River Valley vicinity. Access to local transportation routes allows for efficient movement of equipment and supplies throughout the central Illinois corridor. Given the regional emphasis on commodity crop production and the surrounding land use, this tract is well-positioned for traditional agricultural applications or potential long-term development strategies consistent with existing zoning and county land use plans. The flat topography and strategic positioning offer functional utility for various agricultural purposes.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

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