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    253 Sutton Rd, Unit RT 59 Streamwood, IL 60107

    For Sale
    $2,200,000

    High-visibility 2.5-acre land site near major retail area.

    Property size:
    2 SF
    Lot size:
    2.50 Acres

    Property Features for 253 Sutton Rd

    General Information

    Size
    2 SF
    Lot size
    2.50 Acres

    Source: David Coupe Agent David Coupe

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

    Overview

    Development-Ready Land Site on Route 59

    This development-ready land site is located just north of the signalized intersection of Schaumburg Road and Route 59, offering high visibility. The 2.5-acre property features a full curb cut, providing right-in-right-out access. Situated at the intersection of Route 59 (Sutton Road) and Schaumburg Road, the site is located 2 minutes north of the major retail area in Streamwood, directly across the street from and surrounded by residential properties. The location is near the communities of South Barrington, Schaumburg, Streamwood, Bartlett, and Hoffman Estates. The property is adjacent to a 21-acre mixed-use development site. The area benefits from a high daily car traffic count of 40,000 vehicles, measured 500 feet north of a 4-signal interchange. Streamwood, a village in Cook County, Illinois, with a population of 39,858 at the 2010 census, is a northwest suburb of Chicago and part of the Chicago metropolitan area. Attractive owner financing is available, making this an excellent multi-purpose development site.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Streamwood
    County
    Cook
    State
    Illinois
    Longitude
    -88.19918
    Latitude
    42.034885

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    FAQs

    What type of property is this?
    Land - High-visibility 2.5-acre land site near major retail area.
    Where is this land located?
    The property is located at 253 Sutton Rd, Unit RT 59 Streamwood, IL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - High daily car traffic count (40,000) just north of a 4-signal interchange.; - Development-ready 2.5-acre land site with full curb cut providing right-in-right-out access.; - Located at the intersection of Route 59 (Sutton Road) and Schaumburg Road.
    (847) 812-8414
    Request Owner's contact information
    253 Sutton Rd, Unit RT 59 Streamwood, IL 60107
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    Streamwood, IL 60107
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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
    253 Sutton Rd, Unit RT 59 Streamwood, IL 60107
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