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    River Bend Dr Genoa, IL 60135

    Sponsored
    For Sale
    $527,000

    Prime IL land, ready to build! 31 improved lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional development opportunity encompasses 31 fully improved rowhome sites, perfectly situated in Genoa, Illinois, within DeKalb County. Located south of Route 72 and west of Market Street, this 60135 zip code location offers convenient access to local amenities and transportation routes. Each lot boasts generous dimensions of 27.5 feet by 122 feet, providing ample space for construction. The property is zoned PUD, allowing for the immediate commencement of building projects. The asking price for the entire parcel is $527,000, translating to a land value of $17,000 per acre. This represents a compelling investment opportunity given the prepared nature of the sites and their prime location. Detailed permit fees are available upon request. This is a turnkey opportunity for developers seeking a ready-to-build project with significant potential for return. The improved nature of the lots significantly reduces the time and cost associated with site preparation, allowing for a faster and more efficient development timeline. Don't miss this chance to acquire a substantial land holding in a desirable Illinois location. Contact us today to learn more about this exciting development opportunity.

    Property Features for 0 River Bend Dr

    General Information

    Property type
    Land

    HighLights

    • Excellent Genoa, IL location, south of Route 72 and west of Market Street.
    • 31 fully improved build‑ready lots.
    • Generous lot size: 27.5' x 122'.
    • Permitting fees available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Genoa
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7116572
    Latitude
    42.0920773

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    FAQs

    What type of property is this?
    Land - Prime IL land, ready to build! 31 improved lots.
    Where is this land located?
    The property is located at River Bend Dr Genoa, IL.
    What is the asking price?
    The asking price for this property is $527,000.
    What are key features of this property?
    This property features: Excellent Genoa, IL location, south of Route 72 and west of Market Street.; 31 fully improved build-ready lots.; Generous lot size: 27.5' x 122'.
    Request Owner's contact information
    River Bend Dr Genoa, IL 60135
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    Genoa, IL 60135
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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
    River Bend Dr Genoa, IL 60135
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