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    72 And French Rd Hampshire, IL 60140

    Sponsored
    For Sale
    $2,000,000

    33.3 Acres, Ag Zoning, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 33.3-acre parcel of land is strategically located at the intersection of Rt. 72 and French Road in Hampshire, Illinois, Kane County (zip code 60140). The property boasts significant frontage on Illinois Route 72 (Higgins Road), offering unparalleled visibility and accessibility. Its convenient location provides easy access to the major commuter routes of Route 47/I-90 and US Route 20/I-90 interchanges, ensuring seamless connectivity for businesses and residents alike. Currently zoned for agricultural use (Ag), the property presents a unique opportunity for various development possibilities. The Village of Hampshire's future land use maps designate this area for large-lot residential development, suggesting significant potential for future growth and value appreciation. The property's APN numbers are 01-28-400-008; 01-28-300-010; and 01-28-300-011. The asking price for this expansive land holding is $2,000,000. This prime location and substantial acreage make this an exceptional investment opportunity. Serious inquiries are encouraged.

    Property Features for 72 And French Rd

    General Information

    Property type
    Land
    Lot Size
    1,450,548 SF

    HighLights

    • $2,000,000 asking price.
    • 33.3‑acre land parcel.
    • Commercial and industrial zoning (Ag).
    • Located at Rt 72 and French Rd, Hampshire, IL 60140.
    • APN: 01‑28‑400‑008; 01‑28‑300‑010; 01‑28‑300‑011.
    • Excellent frontage on Rt. 72 (Higgins Road).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hampshire
    County
    Kane
    State
    Illinois
    Longitude
    -88.544595
    Latitude
    42.088292

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    FAQs

    What type of property is this?
    Land - 33.3 Acres, Ag Zoning, Excellent Location
    Where is this land located?
    The property is located at 72 And French Rd Hampshire, IL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: $2,000,000 asking price.; 33.3-acre land parcel.; Commercial and industrial zoning (Ag).
    Request Owner's contact information
    72 And French Rd Hampshire, IL 60140
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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
    72 And French Rd Hampshire, IL 60140
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