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Vacant Land Ready for Development
For Sale
$2,750,000

01 Greenwood Acres Drive, Dekalb, IL 60115

Land, DeKalb, IL

Property SizeContact for details
Lot Size11.37 Acres
Days on Market128

Property Features for 01 Greenwood Acres Drive

General Information

Property type Land
Property subtype Other
Zoning PUD
Elementary school district 428
Middle school district 428
High school district 428
Directions Rt. 23 to Greenwood Acres Drive turn south.
Subdivision De Kalb
Special listing conditions In Foreclosure
Standard status Active
APN 0813176008
Lot size 11.37 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 563

Utilities

Utilities Water Available
Listing Agency: Vestuto Real Estate Corp
Listed By: Marvin Vestuto · License #471010727
Added: Apr 15 Changed: Aug 19 Last Checked: Aug 20 at 4:06PM
MLS# 12616927

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.

Investment Insights

Based on property information with market context.

This 11.37-acre vacant land parcel is level and ready for vertical development. It benefits from the availability of all city utilities. The property is zoned commercial, accommodating various potential uses such as a retirement center, hotel, nursing home, townhomes, medical facilities, and retail spaces. Situated with access and visibility from Route 23, a major north-south corridor, the site is accessible via a curb cut on Greenwood Acres Drive. Route 23 experiences a high traffic volume of 26,000 vehicles per day. The surrounding area features favorable demographics and is experiencing growth, with the site located near retail and medical facilities. The property includes two 5-acre plus sites on each corner of the street, which must be purchased together.

Key Highlights

  • 11.37 acre vacant site with all city utilities.
  • High traffic count of 26,000 VPD on Route 23.
  • Direct access and visibility from Route 23**, a major North‑South corridor.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Kitchen & Bath Showroom Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 60115, IL

42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 11.37 acre commercial land with city utilities and high visibility.
Where is this commercial land located?
The property is located at 01 Greenwood Acres Drive Dekalb, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 11.37 acre vacant site with all city utilities.; High traffic count of 26,000 VPD on Route 23.; Direct access and visibility from Route 23**, a major North‑South corridor.
More about this property
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