2920 Vine Street

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2920 Vine Street

Danville, IL 61834
Asking Price
$40K
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

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

  • The land parcel is located at 2920 Vine Street in Danville
  • This agricultural site is offered for sale at $40,000
  • The property is situated within the Illinois zip code 61834
  • Geographic coordinates for the parcel are 40.1180, -87.5824
  • The land is suited for agricultural use or future development

What's Special

Agricultural expansion or private land development are viable applications for this parcel located at 2920 Vine Street in Danville, Illinois. Situated within Vermilion County, this site benefits from the region's long-standing connection to the agricultural sector, which remains a primary economic driver for this part of the state. The property offers direct access to the local infrastructure supporting regional farming operations and nearby rural residential corridors. Investors looking for land holdings in the Midwest will find this Danville location positioned near the intersection of several major regional transit routes. The 40.1180, -87.5824 coordinates place the tract within a stable landscape characterized by productive soil profiles and steady growth patterns common to East Central Illinois. Whether intended for cultivation or long-term land banking, this asset provides a clear entry point into the local property market at the $40,000 price level.

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NOI
$80,000
Cap Rate
200.00%
DSCR
33.69
Strong
Cash-on-Cash
646.88%
Monthly Payment
$197.898
Annual Cash Flow
$77,625.222

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