Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lincoln Street Dwight, IL 60420

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Dwight, IL

    Added:
    Oct 7, 2025
    Days on Market:
    192
    Last Refresh:
    Apr 16 at 3:06 am

    Property Features for Lincoln Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    050915600900

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    497

    We can help!

    Listing Contact
    Dana Hathorn
    Dana Hathorn

    Listing agent Dana Hathorn License #475170569

    Listing office Crosstown REALTORS Inc 13246 S. Route 59 Suite 106 Suite 106, Homer Glen, IL

    Listing date Oct 7, 2025

    MLS# 12490377 Listing URL

    Copyright © 2026 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

    Land For Sale Dwight, IL

    This land is located in Dwight, Illinois. The property is designated as land and other land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Dwight
    County
    Livingston
    State
    Illinois
    Longitude
    -88.437008
    Latitude
    41.0934

    Nearby Similar for Sale

    • $172,500

      Versatile Commercial Building in Dwight

      All-brick commercial building suitable for various business ventures.
      103 S John Street, Dwight, IL 60420
      View Details
    • $499,900

      Historical Commercial Building in Dwight

      13,620 SF commercial building with retail and warehouse space.
      103 E Chippewa Street, Dwight, IL 60420
      View Details
    • $764,000

      Dwight Landmark Restaurant For Sale

      Turnkey restaurant in downtown Dwight, ready for seamless transition.
      140 E Main Street, Dwight, IL 60420
      View Details
    • $1,490,000

      Adaptable Commercial Property Near I-55

      17,000 SF commercial building on 5 acres near I-55.
      101 Watters Drive, Dwight, IL 60420
      View Details
    • $130,000

      Dwight, IL Two-Unit Property

      Two-unit residential property in Dwight, Illinois with income potential.
      123 W Waupansie Street, Dwight, IL 60420
      View Details
    • $1,200,000

      Dwight Commercial Development Opportunity

      Restaurant, bar, and commercial land for sale in Dwight, IL.
      900 N Union Street, Dwight, IL 60420
      View Details
    • $250,000
      4,500 SF

      Historic Dwight Mixed-Use Building

      4,200 SF mixed-use building with restaurant and apartments.
      118 East Main Street, Dwight, IL 60420
      View Details
    • $2,400,000

      78 Acre Development Site

      78 acre development site with frontage on Route 17 and I-55.
      SEC I-55 & Route 17, Dwight, IL 60420
      View Details
    • $154,855

      Commercial Land on Route 47

      Commercial land available north of Dwight on Route 47.
      Dwight Circle Lot 6, Dwight, IL 60420
      View Details

    FAQs

    What type of property is this?
    Land - Land available in Dwight, Illinois.
    Where is this land located?
    The property is located at Lincoln Street Dwight, IL.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Cleared, build‑ready parcel, perfect for your dream project.; Prime location for forever home or investment build.; Quiet dead‑end road with minimal traffic.
    (708) 949-4379
    We can help!
    Listing Contact
    Dana Hathorn
    Dana Hathorn
    Real Estate License ID: 475170569
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!