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    Nec Hankes Rd. And Norris Rd Sugar Grove, IL 60554

    For Sale
    Contact for pricing

    Hard-corner lot near golf course, suitable for various developments.

    Property size:
    3 SF
    Lot size:
    3.28 Acres

    Property Features for Nec Hankes Rd. And Norris Rd

    General Information

    Size
    3 SF
    Lot size
    3.28 Acres

    Source: Dan Brown, SIOR Agent Dan Brown, SIOR

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

    Overview

    Corner Lot Near Golf Course

    This hard-corner lot is available for sale, situated across the street from Bliss Golf Course and bordered by the Prestbury subdivision. The location benefits from strong demographics. It is an ideal site for a childcare center, mixed-use retail or office space, senior living, or townhomes. The property offers easy access to major transportation routes via the nearby I-88 and Route 56 interchange. The City of Sugar Grove has expressed interest in seeing multi-family development on this site. Located at the northeast corner of Hankes Road and Norris Road, the property has visibility from Route 56, and is just south of the I-88 interchange. The property size is 3 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sugar Grove
    County
    Kane
    State
    Illinois
    Longitude
    -88.4458
    Latitude
    41.7828

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    FAQs

    What type of property is this?
    Commercial land - Hard-corner lot near golf course, suitable for various developments.
    Where is this commercial land located?
    The property is located at Nec Hankes Rd. And Norris Rd Sugar Grove, IL.
    What are key features of this property?
    This property features: - Ideal for multi-family development, preferred by the City of Sugar Grove; - High-visibility hard-corner lot; - Easy access to I-88/Rt. 56 interchange
    (847) 758-9200
    Request Owner's contact information
    Nec Hankes Rd. And Norris Rd Sugar Grove, IL 60554
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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 Hankes Rd. And Norris Rd Sugar Grove, IL 60554
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