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    0000 Rte, Unit 31 Carpentersville, IL 60110

    For Sale
    $125,000

    Land - Carpentersville, IL

    Lot size:
    1.92 Acres
    Days on Market:
    126
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 0000 Rte

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    0316276022
    Lot size
    1.92 Acres

    Building Details

    Architectural style
    Other

    Perillo Real Estate Group (847) 331-2112 [email protected]

    Listing agent Richard Perillo (224) 634-4476 License #471020096

    Listing date Aug 5, 2025

    MLS# 12015679 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Carpentersville Land on Route 31

    This 1.92-acre parcel presents a development opportunity with 516 feet of frontage on Route 31 (N. Western Ave.) in Carpentersville, Illinois, situated just north of Main Street. The property is zoned C-1 and is part of the Old Town Redevelopment TIF District. It is positioned adjacent to the Lincolnwood Manor Subdivision, specifically at the intersection of Gentle Breeze Terrace and Route 31, and across from the Raceway Woods East Entrance. The site is suitable for a neighborhood commercial development, such as a retail strip center or laundromat. All utilities are nearby. Traffic counts on Route 31 reached 15,703 vehicles per day in 2022.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Carpentersville
    County
    Kane
    State
    Illinois
    Longitude
    -88.2633
    Latitude
    42.1252

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    FAQs

    What type of property is this?
    Commercial land - 1.92 acres on Route 31, ideal for commercial development.
    Where is this commercial land located?
    The property is located at 0000 Rte, Unit 31 Carpentersville, IL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - 1.92 Acres with 516' of frontage on Route 31; - Ideal for neighborhood commercial development such as Retail Strip Center, Laundry Mat, etc.; - Located in the Old Town Redevelopment TIF District
    (224) 634-4476
    Request Owner's contact information
    0000 Rte, Unit 31 Carpentersville, IL 60110
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    Carpentersville, IL 60110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Rte, Unit 31 Carpentersville, IL 60110
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