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    01 Rte 72 Rd Pingree Grove, IL 60140

    For Sale
    $750,000

    11-acre retail development opportunity in growing suburb.

    Lot size:
    1.00 Acre

    Property Features for 01 Rte 72 Rd

    General Information

    Exterior features
    exterior_features, : ["Electric to Site", "Natural Gas Available", "Sewer Connected", "Water Available"]
    Lot size
    1.00 Acre

    Source: Entre Commercial Realty Agent Dan Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Development Opportunity

    This 11-acre property presents a prime retail development opportunity, subdivided into five pad-ready sites suitable for various uses. Two pads are designed for free-standing QSR drive-thru operators. The remaining sites include continuous parcels of up to six acres, accommodating larger retail, medical, or service-based concepts. The property benefits from strong visibility, walkable neighborhood proximity, and traffic counts exceeding 12,000 vehicles per day near a signalized intersection. Located in one of Illinois' fastest-growing suburbs with over 12,000 residents and a median household income of $120,000, the area is positioned for commercial expansion. The Village supports new development and is eager to work collaboratively to bring in services and amenities the community seeks.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Pingree Grove
    County
    Kane
    State
    Illinois
    Longitude
    -88.5255
    Latitude
    42.0764

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    FAQs

    What type of property is this?
    Land - 11-acre retail development opportunity in growing suburb.
    Where is this land located?
    The property is located at 01 Rte 72 Rd Pingree Grove, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Prime 11-acre retail development opportunity in a fast-growing suburb.; - Pad-ready sites with utilities available.; - High visibility with traffic counts over 12,000 vehicles per day at a signalized intersection.
    Request Owner's contact information
    01 Rte 72 Rd Pingree Grove, IL 60140
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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
    01 Rte 72 Rd Pingree Grove, IL 60140
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