3679 E 2619th Road

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3679 E 2619th Road

Sheridan, IL 60551
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 parcel comprises 0.9 acres of developable land
  • Located within the suburban market of Sheridan, Illinois
  • Asset is currently classified as a single-family rental portfolio
  • Strategically positioned for residential investment or new construction
  • Coordinates placed at 41.4678 latitude and -88.6744 longitude

What's Special

This 0.9-acre parcel in Sheridan, Illinois, represents a land asset positioned within a growing rural market in the Chicago metropolitan area. Sheridan offers a quiet, residential environment, providing potential for development within the single-family rental portfolio category. Given the scale and zoning characteristics of the local submarket, the site is suited for investors looking to expand their residential holdings or developers focused on suburban housing projects. The location maintains accessibility to regional transit corridors, connecting the area to broader economic activity throughout the county. This asset presents a practical acquisition for parties seeking land development prospects in an established residential community. Its proximity to local amenities and major transport routes underscores its utility for long-term residential investment and residential construction strategies.

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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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