6469 State Route 3

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6469 State Route 3

Waterloo, IL 62298
Asking Price
$290K
Asset Type
Agricultural Land
Class
Class B

AI Property Summary

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

  • Agricultural land asset available for purchase in Waterloo, Illinois
  • The property is listed with an asking price of $290,000
  • Located at 6469 State Route 3 within Monroe County
  • The site offers direct access to a primary regional transit route
  • Suitable for agricultural operations or long-term land investment

What's Special

Priced at $290,000, this agricultural land parcel spans 6469 State Route 3 in Waterloo, Illinois. Situated within a region known for its robust agricultural history and expanding suburban reach, the site provides a functional footprint for diverse cultivation or land development ventures. The property benefits from its position along State Route 3, ensuring connectivity to surrounding rural and residential transit networks within Monroe County. Professionals looking to expand operations or secure a strategic holding in a growing Midwestern corridor will find the location well-suited for traditional farming or long-term investment strategies. The local landscape supports a variety of agricultural activities, leveraging the fertile soil characteristics common to this specific Illinois submarket. This asset presents a clear opportunity for those seeking a scalable land holding in an established, accessible area that balances rural productivity with proximity to essential logistical routes.

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NOI
$80,000
Cap Rate
27.59%
DSCR
4.65
Strong
Cash-on-Cash
72.16%
Monthly Payment
$1,434.762
Annual Cash Flow
$62,782.859

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