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    Nec Gary Ave And Lies Rd Carol Stream, IL 60188

    For Sale
    $1,750,000

    Development opportunity with B-3 zoning in Carol Stream's Business Park.

    Property size:
    4 SF
    Lot size:
    4.20 Acres

    Property Features for Nec Gary Ave And Lies Rd

    General Information

    Size
    4 SF
    Lot size
    4.20 Acres

    Source: Kelly Disser Agent Kelly Disser

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

    Overview

    4.20 Acre Development Opportunity

    This 4.20-acre property presents a development opportunity with B-3 zoning and PUD approval. The site benefits from its location at a full lighted intersection within Carol Stream's prestigious Carol Point Business Park. It offers excellent retail exposure along Gary Avenue and is conveniently located near I-290, I-355, and I-390. The property features off-site detention and is subject to DuPage County taxes. Traffic counts indicate approximately 10,900 vehicles per day.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Carol Stream
    County
    DuPage
    State
    Illinois
    Longitude
    -88.1306
    Latitude
    41.9141

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    FAQs

    What type of property is this?
    Commercial land - Development opportunity with B-3 zoning in Carol Stream's Business Park.
    Where is this commercial land located?
    The property is located at Nec Gary Ave And Lies Rd Carol Stream, IL.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: - 4.20 acre development opportunity.; - B-3 zoning (PUD approved) allows for diverse development options.; - Excellent retail exposure along Gary Avenue.
    (317) 432-4813
    Request Owner's contact information
    Nec Gary Ave And Lies Rd Carol Stream, IL 60188
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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
    Nec Gary Ave And Lies Rd Carol Stream, IL 60188
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