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    1311 Secretariat Dr Genoa, IL 60135

    For Sale
    $43,000

    Land - Genoa, IL

    Lot size:
    0.40 Acres
    Days on Market:
    219
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 1311 Secretariat Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    0331232008
    Lot size
    0.40 Acres

    Building Details

    Architectural style
    Other

    Re/Max Classic (815) 761-6933 [email protected]

    Listing agent Tammy Engel (815) 761-6933 License #471001769

    Listing date May 3, 2025

    MLS# 11994020 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

    Corner Lot in Derby Line

    This corner lot, identified as Lot 30, is located in the Derby Line Estates subdivision. The subdivision features a variety of homes in custom sizes, offering an opportunity to transition from densely populated areas to a more rural environment. The lots benefit from city water and sewer services, eliminating the need for wells or septic systems. The option of downsizing is available for couples and families. Building a ranch home of at least 2,000 square feet with upgraded materials would allow you the perfect home in the country. Buyers can bring their own builder, or seek recommendations for qualified builders. There is no home owners association fee. A special service assessment of $300.00 per year is included in the tax bill to maintain common areas. The property is accessible from Route 90 via Route 23 in Marengo, approximately 8 miles away. The lot size is 0.4 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Genoa
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.686625
    Latitude
    42.077954

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    FAQs

    What type of property is this?
    Land - Corner lot in Derby Line Estates subdivision with city utilities.
    Where is this land located?
    The property is located at 1311 Secretariat Dr Genoa, IL.
    What is the asking price?
    The asking price for this property is $43,000.
    What are key features of this property?
    This property features: - City water and sewer connections available; - No HOA fees; - Located in Derby Line Estates with custom-sized homes
    (815) 761-6933
    Request Owner's contact information
    1311 Secretariat Dr Genoa, IL 60135
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    Genoa, IL 60135
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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
    1311 Secretariat Dr Genoa, IL 60135
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