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50 N 5th Avenue Canton, IL 61520 Land - Farm Active

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  • 50 N 5th Avenue, Canton, IL 61520 Main Photo

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Description

Prime 0.92± Acre Commercial Corner Lot ? High-Visibility Location Outstanding opportunity to develop approximately 0.92± acres of commercially zoned land at one of Canton's busiest intersections. This highly visible property offers frontage along Illinois Route 78 and is situated just southwest of the intersection of Route 78 and Chestnut Street, providing excellent exposure and convenient access from both Route 78 and Chestnut Street. With average daily traffic counts of approximately 9,150 vehicles on Route 78 and 1,800 vehicles on Chestnut Street, the site offers outstanding visibility for a wide variety of commercial uses. Neighboring businesses include Aldi, Casey's, Graham Hospital Convenient Care Clinic, and Monical's Pizza, helping drive consistent traffic to the area. The property's size, accessibility, and prominent location make it well suited for a variety of development opportunities, including a restaurant, retail business, professional office building, or a small multi-tenant commercial development. Whether you're looking to establish a new business or invest in a highly visible commercial location, this property offers the location, access, and traffic exposure to support your vision.

Property Highlights

Property Type: Land - Farm
Total Acres: 0.92 Acres
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning: B-2

General Information

County: Fulton
Listed By:
Rhoades Real Estate & Land Auc Office: 309-647-8811
RMLSA
$363,912
Est. $2,405/mo
New to the Market Active
LOT SIZE 0.920 acres MLS#PA1268285
STATUSActive PROPERTY TYPELand - Farm

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50 N 5th Avenue, Canton, IL 61520.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $363,912$363,912$363,912
Down Payment $72,782$12,737$90,978
Monthly Mortgage Amount $1,793$2,200$2,248
Taxes $506$506$506
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$160$0
Monthly Estimated Total $2,405$2,972$2,860

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