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    43 Us-20 Hampshire, IL 60140

    Sponsored
    For Sale
    $1,550,000

    13.56 Acres, I-90 Access, AG Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13.56-acre parcel presents a unique investment opportunity in Pingree Grove, Illinois. Located at 43 US-20, this property boasts a highly desirable AG (Planned Light Industrial) zoning designation, offering considerable flexibility for development. Its strategic location provides unparalleled access to two full 4-way interchanges on I-90, ensuring seamless connectivity to major transportation arteries. The area is experiencing significant recent development, creating a dynamic and growing market. The land's proximity to municipal utilities simplifies infrastructure integration, minimizing development costs. Furthermore, the advantageous location benefits from low Kane County taxes, enhancing the overall return on investment. Potential uses include, but are not limited to, industrial development and self-storage facilities. This property is priced at $1,550,000 and represents a compelling opportunity for investors seeking a strategically located, versatile land asset in a thriving Illinois market. The property is situated in Kane County, with a zip code of 60140. The address is 43 US-20, Pingree Grove, IL.

    Property Features for 43 Us-20

    General Information

    Property type
    Farms
    Lot Size
    590,674 SF

    HighLights

    • $1,550,000 asking price.
    • 13.56‑acre land parcel.
    • AG (Planned Light Industrial) zoning.
    • Located in Pingree Grove, IL (Kane County), at 43 US‑20, zip code 60140.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hampshire
    County
    Kane
    State
    Illinois
    Longitude
    -88.46361
    Latitude
    42.0942099

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    FAQs

    What type of property is this?
    Farm - 13.56 Acres, I-90 Access, AG Zoning
    Where is this farm located?
    The property is located at 43 Us-20 Hampshire, IL.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: $1,550,000 asking price.; 13.56-acre land parcel.; AG (Planned Light Industrial) zoning.
    Request Owner's contact information
    43 Us-20 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
    43 Us-20 Hampshire, IL 60140
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