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    511 Illinois Rte 59 Bartlett, IL 60103

    Sponsored
    For Sale
    $599,999

    Rare Bartlett land, residential/commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 78,900 square foot lot, located at 511 Illinois Route 59 in Bartlett, Illinois (zip code 60103), presents a unique opportunity for development. Priced at $599,999 ($7.60/sq ft), this almost two-acre parcel is zoned for both residential and commercial use, offering unparalleled flexibility. Its prime location adjacent to the Bartlett Hills Golf Club and a nearby shopping center provides excellent visibility and accessibility. The property's proximity to Route 59 ensures high traffic volume and convenient access for potential businesses or residents. The expansive lot size allows for the creation of a variety of projects, from single-family homes to multi-unit residential complexes, retail spaces, restaurants, or office buildings. The ample space also accommodates generous parking and landscaping, enhancing the overall appeal and functionality of any development. This is a rare opportunity to acquire a significant piece of land in a thriving Bartlett location, offering substantial potential for future growth and return on investment. Don't miss this chance to build your vision in a highly desirable area. Cook County location.

    Property Features for 511 Illinois Rte 59

    General Information

    Property type
    Land

    HighLights

    • $599,999 asking price for almost 2 acres of land.
    • 78,900 square foot lot in Bartlett, IL.
    • Residential zoning.
    • Land value of $7.60 per square foot.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bartlett
    County
    Cook
    State
    Illinois
    Longitude
    -88.206150013068
    Latitude
    41.996240387867

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    FAQs

    What type of property is this?
    Land - Rare Bartlett land, residential/commercial zoning.
    Where is this land located?
    The property is located at 511 Illinois Rte 59 Bartlett, IL.
    What is the asking price?
    The asking price for this property is $599,999.
    What are key features of this property?
    This property features: $599,999 asking price for almost 2 acres of land.; 78,900 square foot lot in Bartlett, IL.; Residential zoning.
    (773) 814-2131
    Request Owner's contact information
    511 Illinois Rte 59 Bartlett, IL 60103
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    Bartlett, IL 60103
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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
    511 Illinois Rte 59 Bartlett, IL 60103
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