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ActiveMLS #: 119215741 / 4Get an accurate number
ActiveMLS #: 119215741 / 40.59 acres
$60,000
Lot 5-8 N St. Rt. 1, Watseka IL, 60970
Est. payment: $363/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Lot size
0.59 acres
Property type
Land
Listed by Tim Smith with Smith's Real Estate Services,
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
This strategically elevated 200 x 130 lot in the heart of Watseka, IL, is a prime opportunity for savvy investors and entrepreneurs. With a keen focus on flood risk reduction, this property boasts a thoughtful design to protect your investments. Currently subdivided into four individual lots, it offers versatility for various commercial ventures, such as storage units or other business opportunities. Its central location ensures easy access for both local residents and those from nearby Iroquois, Ford, and Kankakee counties. Don't miss out on the chance to capitalize on this exceptional property in a region primed for growth and development. Act now and turn your business aspirations into reality.
Location
Lot 5-8 N St. Rt. 1, Watseka IL, 60970
- Township
- Middleport
- County
- Iroquois
- Area
- Watseka
Exterior and lot
- Lot size
- 0.59 acres (200X130)
- Total parking
- 0
- Utilities
- Electricity Nearby, Natural Gas Nearby, Water Nearby
Schools
- Elementary district
- 9
- Middle district
- 9
- High school district
- 9
Taxes and ownership
- Annual taxes
- $544 (2022)
- Ownership
- Fee Simple
- Possession
- Closing
Listing details
- MLS number
- 11921574
- Status
- Active
- Property type
- Land
- Town
- Watseka
- ZIP
- 60970
- Updated
- Apr 27, 2026
Estimate your payment
Term, years
Your monthly payment will be
$363
Principal, interest, and estimated taxes.
Loan $48,000 Down $12,000
- Principal and interest
- $318
- Property taxes (2022, per the listing)
- $45
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
Similar properties
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 21, 2026, 9:55 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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