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    175 Corneils Rd Bristol, IL 60512

    Sponsored
    For Sale
    $7,950,000

    38 Acres, US RT 47 Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 38-acre commercial land parcel in Bristol, Illinois, presents a remarkable development opportunity. Strategically located on US Route 47, adjacent to Raging Waves Waterpark, this property boasts high visibility and traffic volume. Its B-3 zoning allows for a diverse range of uses, including multi-family residences, retail, big-box stores, grocery, manufacturing, or mixed-use developments. The expansive lot size offers significant flexibility for large-scale projects. Convenient access to I-88 ensures excellent connectivity and accessibility. The absence of on-site detention requirements streamlines the development process, allowing for a faster transition from concept to completion. The property's location near a major water park and its high-traffic exposure make it an ideal investment for developers seeking a prime location with significant potential for growth and return. The parcel's APN is 02-09-300-017. Asking price is $7,950,000.

    Property Features for 175 Corneils Rd

    General Information

    Property type
    Land
    Lot Size
    1,655,280 SF

    HighLights

    • High‑traffic location.
    • Adjacent to Raging Waves Waterpark, Illinois' largest.
    • Corner lot.
    • 37 +/- acres.
    • Excellent I‑88 access.
    • B‑3 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Wholesale Shop Clothing Store Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Kendall
    State
    Illinois
    Longitude
    -88.4473915
    Latitude
    41.6918145

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    FAQs

    What type of property is this?
    Land - 38 Acres, US RT 47 Visibility
    Where is this land located?
    The property is located at 175 Corneils Rd Bristol, IL.
    What is the asking price?
    The asking price for this property is $7,950,000.
    What are key features of this property?
    This property features: High-traffic location.; Adjacent to Raging Waves Waterpark, Illinois' largest.; Corner lot.
    (630) 486-7321
    Request Owner's contact information
    175 Corneils Rd Bristol, IL 60512
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    Bristol, IL 60512
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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
    175 Corneils Rd Bristol, IL 60512
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