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Residential Development Opportunity in Yorkville

7619 Mill Rd, Yorkville, IL 60560

For Sale
$3,900,000

Residential development opportunity with business zoning and utilities access.

Property SizeContact for details
Days on Market697

Property Features for 7619 Mill Rd

General Information

Standard status Active
Property subtype Land/Lot
Listing Agency: Flanagan Realty, LLC.
Listed By: Daniel Flanagan · License IL #471000084
Source: Searchillinoishomesforsale
Added: Dec 13, 2024 Changed: Nov 1 Last Checked: Nov 8 at 7:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Flanagan Realty, LLC.

Rey
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Investment Insights

Based on property information with market context.

This property presents an excellent residential development opportunity in a desirable location. It is currently zoned B4 Business and R-4 attached residential, making it suitable for apartments, townhomes, or single-family homes. Sewer and water are adjacent to the property. The site benefits from frontage on three sides and has no mapped wetland or floodplain. An existing home on the property is currently rented, and the farm is cash rented.

Key Highlights

  • Excellent residential development opportunity.
  • Zoned for both business (B4) and attached residential (R‑4).
  • Sewer and water adjacent to the property.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 60560, IL

27,185
Population
10,022
Households
2.7
Avg Household Size
37
Median Age
38%
College-Educated
95%
High-School Grad
79.4 sq mi
ZIP Area
342
Density / Sq Mi
$112,160
Median Household Income
$58,706
Median Earnings
$1,626
Median Rent
$324,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential development opportunity with business zoning and utilities access.
Where is this residential land & home lot located?
The property is located at 7619 Mill Rd Yorkville, IL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Excellent residential development opportunity.; Zoned for both business (B4) and attached residential (R‑4).; Sewer and water adjacent to the property.
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