24855 IL Route 122 - Specialty FOR SALE


Delavan, IL 61734
$1,950,000 USD
309-363-2929
24855 IL Route 122, Delavan, IL for Sale
$1,950,000 USD
Specialty - FOR SALE
1/27
null | Request Cap Rate

24855 IL Route 122
Delavan, IL 61734


HIGHLIGHTS

  • Excellent Location with High Visibility
  • Highly Versatile with Large Arena, RV Hoookups, Shower House, Lake, and Newly Built Cafe in 2024
  • Heated Arena Suitable for Year-Round Use

OVERVIEW

Exceptional opportunity to own a fully equipped, multi-use livestock and even facility in a highly visible and easily accessible location just off Interstate 155 and Illinois Route 122 just south of Peoria, Illinois near Delavan. This is centrally located north of Springfield and west of Bloomington/Normal. 4 Rocks Arena offers a rare combination of infrastructure, income potential, and versatility. Designed to accommodate large-scale horse and cattle events, auctions, and exhibitions, the property can house up to 171 animals and features a well-appointed arena with seating, heat, and restroom facilities, making it suitable for year-round use. The property includes 60 RV electrical hookups; ideal for hosting multi-day events, shows, or traveling participants. A shower house provides added convenience for guests and vendors, enhancing the property’s appeal as a destination venue. A standout feature is the newly constructed cafe in 2024, offering on-site food service and additional revenue potential. The scenic setting includes a lake, creating an inviting atmosphere for visitors and expanding possibilities for recreation or event enhancement. Positioned with high visibility from the interstate and quick access to ramps, this location is primed for strong traffic exposure and ease of access for trailers, equipment, and guests. Zoned A-1, the property supports a wide range of agricultural and commercial uses. While the current ownership has not pursued a liquor license or gaming, both present additional upside opportunities for future operators. Whether you’re looking to host equestrian events, livestock auctions, recreational gatherings, or expand into a multi-revenue venue, this property offers endless potential in a strategic Central Illinois location. 4 Rocks Arena will continue its business operations and event bookings during this process. Adjacent ranch home of 3 bed, 2 bath with 3 car garage on 5 acres can be purchased separately. See LA for more details.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$33 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.16 AC

LAND SF

878,170 SF

ZONING

A-1

APN/PARCEL ID

22-22-08-200-005

ASK ABOUT THIS PROPERTY

Jessica BallRE/MAX Traders Unlimited CommercialMore Info
309-363-2929

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Jessica BallRE/MAX Traders Unlimited CommercialMore Info
309-363-2929

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.