Land for Sale in Hanover, Illinois

J. Loop Hanover, IL 61041

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$643,360
80.42 acres
Active sale agoEst $5,675/mo

80.42 +/- acres of flat development land with nearby access to road, rail and river! Formerly the Savanna Army Depot, this area has been converted into the Savanna Industrial Park which was formed with the goal of bringing business and industry to a prime midwestern location situated only a few hours from Chicago, the Quad Cities, and Madison. The Savanna Industrial Park is an Enterprise Zone and a Foriegn Trade Zone, which opens up some possible incentives for new industry. A handful of businesses already are in operation and taking advantage of all that the Savanna Industrial Park has to offer. This 80.42 +/- acres contains a majority of the acreage in open alfalfa production, with scattered wooded acreage as well. The boundary does not reach the banks of the Mississippi River, but is less than 1,000 feet from it. For more information on the Savanna Industrial Park, visit savannaindustrialpark.org. Boundary lines in listing photos are approximate and do not represent exact boundary survey. Total acres are based on county assessor's office.

Location

Street Address
J. Loop
School District
River Ridge
Elevation
636 feet
Coordinates
42.1952, -90.3037

Property details

MLS Number
RAAR 202403960
Date Posted

Parcels

  • 0900048003

This 80.42-acre property is located at J. Loop in Hanover, IL 61041 with latitude 42.1952 and longitude -90.3037. The property is currently available for sale for $643,360 with a price per acre of $8,000. Listing data is sourced from Rockford Area MLS # 202403960.

Verify sale details at the property source or contact Jim Sullivan Realty at (815) 947-9040.

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Copyright (C) 2024 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 48 mins ago. Parcel data by Regrid.

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