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    200 North Peace Rd Dekalb, IL 60115

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    For Sale
    Contact for pricing

    Commercial land at a prime, signalized intersection with utilities.

    Lot size:
    8.20 Acres

    Property Features for 200 North Peace Rd

    General Information

    Lot size
    8.20 Acres

    Source: CBRE, INC. Agent Karen Walsh

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

    Overview

    Land at Signalized Intersection

    This commercial land is located at the northeast corner of Peace Road and Route 38, a signalized intersection. All utilities are available to the site. The property is situated south of the DeKalb Taylor Municipal Airport and under 1.5 miles from the Peace Road/I-88 interchange, which sees 31,100 vehicles per day. Substantial industrial development is occurring near the site on the north and south sides of I-88. Route 38 is projected to become an increasingly significant connector to the Chicago area suburbs to the east. The City of DeKalb has indicated support for development of the corner for commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Algus Packaging Packaging Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Dekalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.72322
    Latitude
    41.924062

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    FAQs

    What type of property is this?
    Land - Commercial land at a prime, signalized intersection with utilities.
    Where is this land located?
    The property is located at 200 North Peace Rd Dekalb, IL.
    What are key features of this property?
    This property features: - Prime location at the NEC of Peace Rd. and Rte. 38 with a signalized intersection.; - Under 1.5 miles to the Peace Rd./I-88 interchange (31,100 VDP).; - City of DeKalb support for commercial development.
    (815) 218-3438
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    Dekalb, IL 60115
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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
    200 North Peace Rd Dekalb, IL 60115
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