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    4 Prairie Dr Sycamore, IL 60178

    Sponsored
    For Sale
    $862,700

    4.66-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.66-acre commercial lot, identified as Lot 4 Prairie Drive, is situated in the thriving Sycamore Prairie Business Park in Sycamore, Illinois, zip code 60178. The property boasts an M2 zoning designation, offering a wide range of development possibilities for businesses seeking a strategic location. Located in DeKalb County, this parcel provides convenient access via Peace Road, ensuring seamless connectivity for employees and clients. The business park already houses a number of successful enterprises, creating a vibrant and established commercial environment. This lot presents a unique opportunity to establish a presence within a flourishing business community. The asking price for this significant land parcel is $862,700. The property's size and zoning make it ideal for a variety of commercial ventures. Interested parties should be aware that standard conditions and restrictions apply. The precise latitude and longitude coordinates are 41.9727043 and -88.6974038 respectively. This is a rare opportunity to acquire a substantial commercial lot in a highly desirable location. Don't miss out on this chance to build your business in a thriving community.

    Property Features for 4 Prairie Dr

    General Information

    Property type
    Land
    Lot Size
    202,990 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.6974038
    Latitude
    41.9727043

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    FAQs

    What type of property is this?
    Land - 4.66-acre commercial lot, prime location.
    Where is this land located?
    The property is located at 4 Prairie Dr Sycamore, IL.
    What is the asking price?
    The asking price for this property is $862,700.
    Request Owner's contact information
    4 Prairie Dr Sycamore, IL 60178
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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
    4 Prairie Dr Sycamore, IL 60178
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