Lot 2 1365 N Avenue

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Lot 2 1365 N Avenue

Princeton, IL 61356
Asking Price
$75K
Asset Type
Residential Land
Class
Class B

AI Property Summary

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

  • Residential land parcel totaling 4.91 acres for sale.
  • Property is located at Lot 2 1365 N Avenue in Princeton.
  • Asking price for this residential site is set at $75,000.
  • Located in a region with established regional transport links.
  • Site offers potential for diverse residential development project plans.

What's Special

Princeton serves as a central hub within Bureau County, offering a balance of regional accessibility and local character. This residential land parcel spans 4.91 acres, providing significant space for development in an area characterized by its steady growth and proximity to major regional transit routes. The landscape supports a variety of residential site plans, allowing for customization suited to the surrounding neighborhood density and infrastructure. Situated in a region that benefits from established community resources and reliable access to neighboring municipal hubs, this site is well-positioned for those looking to invest in residential land development. Whether for individual custom homes or a larger residential site project, the acreage provides a functional footprint in the Illinois landscape.

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NOI
$80,000
Cap Rate
106.67%
DSCR
17.97
Strong
Cash-on-Cash
335.77%
Monthly Payment
$371.059
Annual Cash Flow
$75,547.291

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