Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    72 And Reinking Rd Pingree Grove, IL 60140

    Sponsored
    For Sale
    $525,000

    1.3-acre commercial lot, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.3-acre commercial land parcel presents a prime investment opportunity in Pingree Grove, Illinois. Located at the hard corner of Route 72 and Reinking Road, this site boasts a highly visible location at a traffic-lighted intersection, experiencing over 12,400 vehicles daily. The property is zoned C-1 PUD, offering flexibility for a variety of commercial uses. Utilities are readily available on-site. Strong demographics and a thriving residential growth surrounding the property create a high demand for retail services. The area is currently underserved and presents an excellent opportunity for businesses such as a retail pharmacy, immediate care center, breakfast restaurant, liquor store, pet supply store, or similar ventures. The asking price for this strategically located parcel is $525,000. This is a rare chance to acquire a well-positioned commercial lot in a rapidly developing area with significant potential for return on investment. The Kane County location and 60140 zip code offer easy access to major transportation routes and a strong local market. Don't miss this chance to secure a prime piece of commercial real estate in a high-growth area.

    Property Features for 72 And Reinking Rd

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre commercial land parcel for sale in Pingree Grove, IL, priced at $525,000.
    • High‑traffic corner lot at a signalized intersection, experiencing over 12,400 vehicles daily.
    • C‑1 PUD zoning allows for a variety of retail uses.
    • Utilities are readily available on‑site.
    • Strong demographics and a pro‑business municipality.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pingree Grove
    County
    Kane
    State
    Illinois
    Longitude
    -88.4285295
    Latitude
    42.088727

    Nearby Similar for Sale

    • $725,000
      1.34 Acres

      Hampshire Commercial Building For Sale

      Commercial building in high-visibility location, ideal for service businesses.
      41W584 Us Highway 20, Hampshire, IL 60140
      View Details
    • $325,000
      0.48 Acres

      Remodeled Commercial Building on Route 72

      Turnkey commercial building with high visibility and flexible zoning.
      124 E Oak Knoll Dr, Hampshire, IL 60140
      View Details
    • $1,700,000
      0.67 Acres

      Professional Building in Hampshire, Illinois

      Well-kept commercial building with business opportunities in Hampshire, Illinois.
      895 S State St S, Hampshire, IL 60140
      View Details
    • $280,000

      Move-in Ready Duplex in Cambridge Lakes

      Duplex in Cambridge Lakes with modern features and community amenities.
      1840 Spinnaker St, Pingree Grove, IL 60140
      View Details
    • $305,000

      Cambridge Lakes Townhome with Pond View

      Two-bedroom townhome with loft, pond view, and community amenities.
      1354 Newport Ct, Pingree Grove, IL 60140
      View Details
    • $535,000
      2,500 SF

      Commercial Frontage on US Hwy 20

      Commercial zoned property on US Hwy 20 with two buildings.
      43W427 Rte, Pingree Grove, IL 60140
      View Details
    • $205,000
      1,000 SF

      Move-In Ready Condo with Garage

      Second-floor condo with garage, in-unit laundry, and community amenities.
      2305 Aurora Dr, Pingree Grove, IL 60140
      View Details
    • $310,000

      Spacious Duplex with Community Amenities

      Three-bedroom duplex with pool, clubhouse, and gym access.
      1848 Spinnaker St, Pingree Grove, IL 60140
      View Details
    • Contact for pricing
      23,958 SF

      Hampshire Warehouse/Industrial Opportunity

      23,958 SF warehouse/industrial property in Hampshire, Illinois.
      255 Keyes Ave, Hampshire, IL 60140
      View Details
    • Contact for pricing
      32,378 SF

      Hampshire Warehouse Property For Sale

      32,378 sqft warehouse property in Hampshire, Illinois.
      16N196 Walker Rd, Hampshire, IL 60140
      View Details
    • Contact for pricing
      76,000 SF

      Hampshire Warehouse/Industrial Opportunity

      76,000 sqft warehouse/industrial property in Hampshire, Illinois.
      281 Keyes Ave, Hampshire, IL 60140
      View Details
    • Contact for pricing
      69,300 SF

      Industrial Property in Hampshire, Illinois

      Industrial property available for sale in Hampshire, Illinois.
      201-255 Keyes Ave, Hampshire, IL 60140
      View Details

    FAQs

    What type of property is this?
    Land - 1.3-acre commercial lot, high traffic.
    Where is this land located?
    The property is located at 72 And Reinking Rd Pingree Grove, IL.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: 1.3-acre commercial land parcel for sale in Pingree Grove, IL, priced at $525,000.; High-traffic corner lot at a signalized intersection, experiencing over 12,400 vehicles daily.; C-1 PUD zoning allows for a variety of retail uses.
    (847) 345-5026
    Request Owner's contact information
    72 And Reinking Rd Pingree Grove, IL 60140
    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.
    72 And Reinking Rd
    Pingree Grove, IL 60140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    72 And Reinking Rd Pingree Grove, IL 60140
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.