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    Rte 31 Rte Carpentersville, IL 60110

    For Sale
    $2,500,000

    Land - Carpentersville, IL

    Lot size:
    13.54 Acres
    Days on Market:
    179
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for Rte 31 Rte

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    0316400003
    Lot size
    13.54 Acres

    Building Details

    Architectural style
    Other

    Chicagoland Brokers Inc. (773) 745-1000 [email protected]

    Listing agent Maciej Falendysz (773) 745-1000 License #475169734

    Listing date Jun 19, 2025

    MLS# 11415103 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 For New Subdivision

    This 13.54-acre property is located in Carpentersville, Illinois, within a TIF district. The zoning is MULTI, allowing for a variety of uses, making it suitable for a new subdivision. It is adjacent to Raceway Woods and the Kane County Forest Preserve, and across the street from the Fox River and Carpenter Dam. The property is near the renovated Spring Hill Mall and within driving distance of I-90. The property can be part of a larger plot assemblage and built on, making it suitable for a developer.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Carpentersville
    County
    Kane
    State
    Illinois
    Longitude
    -88.2633
    Latitude
    42.1252

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    FAQs

    What type of property is this?
    Land - Large Carpentersville land suitable for a new subdivision.
    Where is this land located?
    The property is located at Rte 31 Rte Carpentersville, IL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Large property suitable for subdivision development.; - Located in a TIF district (Tax Increment Financing).; - Can be part of a larger plot assemblage for development.
    (773) 745-1000
    Request Owner's contact information
    Rte 31 Rte 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
    Rte 31 Rte Carpentersville, IL 60110
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