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    123 West Rd Bloomingdale, IL 60108

    Sponsored
    For Sale
    $1,700,000

    Prime Commercial Land, High Traffic Area, Development Ready

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.25-acre commercial land parcel presents a remarkable investment opportunity in the thriving Bloomingdale, Illinois market. Located at 123 West Rd, 60108, in DuPage County, this property boasts a highly desirable location on a busy thoroughfare, ensuring exceptional visibility and accessibility for any commercial venture. The "Commr" zoning designation allows for a wide range of development possibilities, making it ideal for a variety of uses. Imagine a bustling gas station, a popular restaurant, a convenient coffee shop, or a thriving strip mall—all within reach on this strategically positioned land. With its substantial size and prime location, this property offers unparalleled potential for significant return on investment. The asking price is $1,700,000. The property's latitude and longitude coordinates are 41.9551688 and -88.0913615 respectively. This is a rare opportunity to acquire a substantial commercial land parcel in a high-traffic area with excellent development potential. Don't miss out on this chance to secure a prime piece of Bloomingdale real estate. Serious inquiries only.

    Property Features for 123 West Rd

    General Information

    Property type
    Land
    Lot Size
    98,010 SF

    HighLights

    • $1,700,000 asking price.
    • 2.25‑acre commercial land parcel.
    • Located in Bloomingdale, IL (DuPage County), at 123 West Rd, zip code 60108.
    • Commercial zoning permits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomingdale
    County
    DuPage
    State
    Illinois
    Longitude
    -88.0913615
    Latitude
    41.9551688

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Traffic Area, Development Ready
    Where is this land located?
    The property is located at 123 West Rd Bloomingdale, IL.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: $1,700,000 asking price.; 2.25-acre commercial land parcel.; Located in Bloomingdale, IL (DuPage County), at 123 West Rd, zip code 60108.
    Request Owner's contact information
    123 West Rd Bloomingdale, IL 60108
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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
    123 West Rd Bloomingdale, IL 60108
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