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    Eola Rd Plainfield, IL 60503

    Sponsored
    For Sale
    $625,000

    1.06 Acres, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.06-acre commercial land parcel presents a unique development opportunity in Aurora, Illinois. Located in Kane County, on S Eola Rd, zip code 60503, this fee simple property boasts a prime location within a primary retail corridor, ensuring high visibility and accessibility. Its strategic positioning near major traffic drivers and a significant intersection guarantees substantial foot and vehicle traffic, ideal for a variety of commercial ventures. The site is development-ready, eliminating pre-development hurdles and allowing for a swift commencement of construction. The area is characterized by strong and affluent demographics, providing a robust consumer base for any commercial development. The asking price for this exceptional property is $625,000. This represents a compelling investment opportunity given the property's size, location, and development potential. The property's latitude and longitude coordinates are 41.7149166 and -88.2544042 respectively. Serious inquiries are encouraged to explore the possibilities this land offers for building a thriving commercial enterprise. Don't miss this chance to secure a prime piece of real estate in a thriving market.

    Property Features for 0 Eola Rd

    General Information

    Property type
    Land
    Lot Size
    46,174 SF

    HighLights

    • $625,000 asking price.
    • 1.06‑acre commercial land parcel.
    • Fee simple ownership.
    • Located in Aurora, IL (Kane County), near a major intersection on S Eola Rd, zip code 60503.
    • Development‑ready site in a primary retail corridor with high traffic counts.
    • Strong demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Plainfield
    County
    Kane
    State
    Illinois
    Longitude
    -88.2544042
    Latitude
    41.7149166

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    FAQs

    What type of property is this?
    Land - 1.06 Acres, Development Ready
    Where is this land located?
    The property is located at Eola Rd Plainfield, IL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: $625,000 asking price.; 1.06-acre commercial land parcel.; Fee simple ownership.
    Request Owner's contact information
    Eola Rd Plainfield, IL 60503
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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
    Eola Rd Plainfield, IL 60503
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