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    8290 Janes Ave Woodridge, IL 60517

    Sponsored
    For Sale
    $1,250,000

    2.75 Acres, High-Income Area, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 2.75-acre commercial land parcel in Woodridge, Illinois, presents a compelling investment opportunity. Located at the northwest corner of 83rd Street and Janes Avenue, this 23,205 square foot site benefits from a strategic location just west of I-355, providing excellent accessibility. The property's high-visibility location is further enhanced by its proximity to numerous popular retailers including McDonald's, Buffalo Wild Wings, Panera Bread, Wendy's, Dunkin', and Chipotle. Adding to its appeal, the land is adjacent to the ARC Athletic Recreation Center and Cypress Cove Aquatic Park, ensuring high foot traffic and visibility. The area boasts high average household incomes, making it an attractive location for a variety of commercial ventures. The property is zoned B-2, offering flexibility for diverse development possibilities. This prime location and zoning regulations combine to create a unique opportunity for significant return on investment. The asking price is $1,250,000. The property address is 8290 Janes Ave, Woodridge, IL 60517.

    Property Features for 8290 Janes Ave

    General Information

    Property type
    Land
    Lot Size
    119,790 SF

    HighLights

    • Excellent I‑355 accessibility.
    • Strong retail synergy with national brands nearby.
    • Adjacent to ARC Athletic Recreation Center and Cypress Cove Aquatic Park.
    • High average household incomes in the immediate area.
    • B‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodridge
    County
    Dupage
    State
    Illinois
    Longitude
    -88.041179263724
    Latitude
    41.736247349989

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    FAQs

    What type of property is this?
    Land - 2.75 Acres, High-Income Area, Investment Opportunity
    Where is this land located?
    The property is located at 8290 Janes Ave Woodridge, IL.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Excellent I-355 accessibility.; Strong retail synergy with national brands nearby.; Adjacent to ARC Athletic Recreation Center and Cypress Cove Aquatic Park.
    (847) 384-2840
    Request Owner's contact information
    8290 Janes Ave Woodridge, IL 60517
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    Woodridge, IL 60517
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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
    8290 Janes Ave Woodridge, IL 60517
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