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    Tbd Fairview Dr DeKalb, IL 60115

    Sponsored
    For Sale
    $2,835,756

    18.6 Acres, Ideal Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 18.6-acre commercial land parcel presents a unique investment opportunity in DeKalb, Illinois. Strategically located on Route 23 near Interstate 88, this property boasts a highly desirable General Commercial (GC) zoning designation, ensuring versatile development potential. All essential utilities are readily available, simplifying the construction process. The site benefits from its convenient location midway between two full I-88 interchanges in DeKalb, offering unparalleled access to major transportation arteries. Its proximity to established businesses, including Ferrara, Facebook, Nestle, Target, Goodyear, 3M, and Panduit, further enhances its appeal. The property's strategic position within a thriving commercial corridor promises strong returns on investment. Detailed concept plans are available for review, providing a solid foundation for future development endeavors. The asking price for this exceptional property is $2,835,756. This is a rare opportunity to acquire a significant land holding in a rapidly growing area with excellent infrastructure and a strong tenant base. The address is TBD Fairview Drive, DeKalb, IL 60115. Access is via Route 23 at Fairview Drive.

    Property Features for 0 Tbd Fairview Dr

    General Information

    Property type
    Land
    Lot Size
    810,216 SF

    HighLights

    • 18.6‑acre commercial land parcel in DeKalb, IL, zoned General Commercial (GC).
    • Strategically located on Route 23 near I‑88, midway between two I‑88 interchanges.
    • All utilities available; proximity to major employers including Ferrara, Facebook, Nestle, and others.
    • Asking price: $2,835,756.
    • Address: TBD Fairview Drive, DeKalb, IL 60115; access via Route 23.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7730006
    Latitude
    41.9073593

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    FAQs

    What type of property is this?
    Land - 18.6 Acres, Ideal Development
    Where is this land located?
    The property is located at Tbd Fairview Dr DeKalb, IL.
    What is the asking price?
    The asking price for this property is $2,835,756.
    What are key features of this property?
    This property features: 18.6-acre commercial land parcel in DeKalb, IL, zoned General Commercial (GC).; Strategically located on Route 23 near I-88, midway between two I-88 interchanges.; All utilities available; proximity to major employers including Ferrara, Facebook, Nestle, and others.
    Request Owner's contact information
    Tbd Fairview Dr DeKalb, IL 60115
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    DeKalb, IL 60115
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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
    Tbd Fairview Dr DeKalb, IL 60115
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