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    72 And Tyrrell Rd Gilberts, IL 60136

    Sponsored
    For Sale
    Contact for pricing

    Prime Commercial Development Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land offering presents a remarkable development opportunity in Gilberts, Illinois, situated at the intersection of Route 72 and Tyrrell Road. The property boasts a total of approximately 33 acres, comprised of six parcels with varying sizes ranging from 0.13 acres to 16.76 acres. The land is zoned C-1 BUD (General Commercial District), allowing for a wide range of commercial uses. This strategic location offers unparalleled visibility and convenient access to Route 72 (Higgins Road), providing excellent ingress and egress. The site benefits from all utilities already in place, simplifying the development process. Its proximity to major thoroughfares like I-90 and Randall Road further enhances its appeal. The area is experiencing significant growth, with a strong demographic profile and a blend of new residential and commercial construction, making this a highly desirable location for developers seeking a prime investment opportunity. Parcel numbers include: 02-24-252-028, 02-24-252-029, 02-24-252-031, 02-24-252-033, 02-24-281-001, and 03-19153-002. The land is priced at $5.95 per square foot. This property is ideally suited for developers seeking to capitalize on the area's robust growth and strong market demand.

    Property Features for 72 And Tyrrell Rd

    General Information

    Property type
    Land
    Lot Size
    5,663 SF

    HighLights

    • Approximately 8 acres at Northwest Corner (NWC) and 25 acres at Northeast Corner (NEC).
    • All utilities available on‑site.
    • Excellent ingress/egress.
    • Close proximity to I‑90 and Randall Road.
    • Parcel numbers: 02‑24‑252‑028 (0.13 acres), 02‑24‑252‑029 (0.89 acres), 02‑24‑252‑031 (0.81 acres), 02‑24‑252‑033 (5.92 acres), 02‑24‑281‑001 (16.76 acres), and 03‑19153‑002 (8.38 acres).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gilberts
    County
    Kane
    State
    Illinois
    Longitude
    -88.3595458
    Latitude
    42.1032649

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    FAQs

    What type of property is this?
    Land - Prime Commercial Development Site
    Where is this land located?
    The property is located at 72 And Tyrrell Rd Gilberts, IL.
    What are key features of this property?
    This property features: Approximately 8 acres at Northwest Corner (NWC) and 25 acres at Northeast Corner (NEC).; All utilities available on-site.; Excellent ingress/egress.
    (847) 345-5026
    Request Owner's contact information
    72 And Tyrrell Rd Gilberts, IL 60136
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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
    72 And Tyrrell Rd Gilberts, IL 60136
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