Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Minkler Rd Yorkville, IL 60543

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    195 Acres, Prime Development Opportunity

    Property Features for 0 Minkler Rd

    General Information

    Property type
    Land
    Lot Size
    8,490,715 SF

    We can help!

    Listing Contact
    Shamus Conneely
    Shamus Conneely

    Listing Agent: Shamus Conneely

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 194.92-acre parcel presents a remarkable opportunity for residential development in Oswego, Illinois. Located on Minkler Road, approximately one mile south of Illinois Route 71, this property boasts a prime location within the highly sought-after Oswego Community Unit School District 308, directly north of Hunt Club Elementary School and the Hunt Club East subdivision. Previously approved for annexation by the Village of Oswego, the property is planned for R-2 (Single Family Residence District) and R-4 (General Residence District) zoning. A preliminary plat, approved in 2006 but not yet recorded, outlines a potential development of 426 dwelling units (263 single-family and 163 townhomes), achieving a density of 2.19 units per acre. While currently zoned A-1 in Kendall County, with an average agricultural productivity index of 131 (Class B soils), this land offers significant upside potential. Environmental assessments reveal minimal impact, with less than one acre falling within the 100-year floodplain and no wetlands present on-site. The property's strategic location, combined with its pre-approved development plans, makes it an ideal investment for developers seeking a substantial residential project in a thriving community. Parcel numbers are 02-25-200-003 and 03-30-200-002. The asking price is $8,771,400.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Yorkville
    County
    Kendall
    State
    Illinois
    Longitude
    -88.377376623684
    Latitude
    41.657343030143

    Nearby Similar for Sale

    • $749,900
      0.60 Acres

      Versatile Commercial Building in Yorkville

      Four-unit building with redevelopment potential near the Fox River.
      123 E Hydraulic St, Yorkville, IL 60560
      View Details
    • $230,000
      900 SF

      Yorkville Commercial Property - Ideal Conversion

      Prime Yorkville location, perfect for office conversion. High-efficiency systems, ample parking.
      8721 Il Rt 126, Yorkville, IL 60560
      View Details
    • Contact for pricing
      1,504 SF

      Yorkville Ranch Duplex with Updates

      Well-maintained Yorkville ranch duplex with updated features and spacious layout.
      1377 Cannonball Trl, Yorkville, IL 60560
      View Details
    • $165,000
      0.01 Acres

      Yorkville Office Space: Prime Location

      Move-in ready office, 743 sq ft, all utilities included.
      200 Garden St, Yorkville, IL 60560
      View Details
    • $299,990

      New Townhome in Grande Reserve

      New 3-bedroom townhome with modern amenities, ready this fall.
      3197 Grande Trail Ct, Yorkville, IL 60560
      View Details
    • Contact for pricing

      Move-In Ready Townhome in Yorkville

      Beautifully maintained townhome with modern upgrades and flexible living spaces.
      1392 Carolyn Ct, Yorkville, IL 60560
      View Details

    FAQs

    What type of property is this?
    Land - 195 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at Minkler Rd Yorkville, IL.
    What is the asking price?
    The asking price for this property is $8,771,400.
    What are key features of this property?
    This property features: Annexation approved, plat pending recording.; Zoned A-1, Kendall County.; No wetlands, minimal floodplain impact (<1 acre of 100-year floodplain).
    (630) 229-2290 Call to check price and availability
    Request Owner's contact information
    Minkler Rd Yorkville, IL 60543
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Minkler Rd
    Yorkville, IL 60543
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Minkler Rd Yorkville, IL 60543
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shamus Conneely
    Shamus Conneely
    Real Estate License ID: 471007958
    (630) 229-2290 (773) 814-3378
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!