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    Peace Rd & Country Farm Rd DeKalb, IL 60115

    Sponsored
    For Sale
    $9,050,517

    226 Acres, $39,900/Acre, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 226.83-acre land parcel in DeKalb County, Illinois, presents a significant investment opportunity. Located at the intersection of Peace Road and Country Farm Road, with a DeKalb, IL 60115 zip code, this property boasts over 3,000 linear feet of frontage on Peace Rd, offering excellent accessibility. The property comprises eight parcels currently zoned for agricultural use and two parcels annexed as HI PD-I, indicating a clear path towards future development. A future industrial concept is already in place, envisioning potential zoning for office/research, light industrial, or transportation uses. Utilities including electricity, gas, sewer, and water are conveniently located nearby. Future access points from County Farm Road and Enterprise Road are also possible, enhancing the property's versatility and development potential. Currently leased for agricultural purposes through 2016, this land offers a unique blend of immediate income potential and long-term development prospects. The asking price is $9,050,517, translating to an attractive price per acre of $39,900. This is a rare opportunity to acquire a substantial land holding with significant upside in a rapidly developing area.

    Property Features for 0 Peace Rd & Country Farm Rd

    General Information

    Property type
    Land
    Lot Size
    9,880,715 SF

    HighLights

    • $9,050,517 asking price for 226.83 acres of land.
    • $39,900 per acre.
    • Located in DeKalb, IL, at Peace Rd & Country Farm Rd (60115).
    • Utilities (electric, gas, sewer, water) nearby.
    • Future zoning potential: Office/Research, Light Industrial, or Transportation.
    • Over 3,000 linear feet of Peace Rd frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7058685
    Latitude
    41.9581739

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    FAQs

    What type of property is this?
    Land - 226 Acres, $39,900/Acre, High Potential
    Where is this land located?
    The property is located at Peace Rd & Country Farm Rd DeKalb, IL.
    What is the asking price?
    The asking price for this property is $9,050,517.
    What are key features of this property?
    This property features: $9,050,517 asking price for 226.83 acres of land.; $39,900 per acre.; Located in DeKalb, IL, at Peace Rd & Country Farm Rd (60115).
    Request Owner's contact information
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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
    Peace Rd & Country Farm Rd DeKalb, IL 60115
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