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    Lot 5 Rte 72 Monroe Center, IL 60146

    Sponsored
    For Sale
    $195,508

    1.51 Acres, Route 72, $195,508

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.51-acre commercial lot is ideally situated on Route 72 in Kirkland, Illinois, within the desirable Bull Run Business Park. The property, designated as Lot #5, presents a unique opportunity for developers and businesses seeking a strategic location in DeKalb County. Zoned for commercial use, this parcel offers significant potential for a variety of commercial ventures. The asking price is $195,508. This is one of four available lots in this prime location. Other lots available include Lot 12 (1.541 acres, zoned industrial) and Lot 13 (1.294 acres, zoned industrial), as well as a larger 12.863-acre industrial tract (Tract "A"). The property's convenient access to Route 72 ensures high visibility and easy accessibility for customers and employees. Its location in the established Bull Run Business Park provides a supportive business environment. Detailed zoning information is readily available upon request. This is an excellent opportunity to acquire a well-positioned commercial lot in a thriving area. The property's address is Lot #5 Route 72, Kirkland, IL 60146. The geographic coordinates are latitude 42.1014422 and longitude -88.9392303. Don't miss this chance to secure this valuable asset.

    Property Features for 0 Lot 5 Rte 72

    General Information

    Property type
    Land
    Lot Size
    65,776 SF

    HighLights

    • $195,508 asking price.
    • 1.51‑acre land parcel.
    • Located in Kirkland, IL, in the Bull Run Business Park.
    • Lot #5 on Route 72.
    • Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe Center
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.9392303
    Latitude
    42.1014422

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 1.51 Acres, Route 72, $195,508
    Where is this land located?
    The property is located at Lot 5 Rte 72 Monroe Center, IL.
    What is the asking price?
    The asking price for this property is $195,508.
    What are key features of this property?
    This property features: $195,508 asking price.; 1.51-acre land parcel.; Located in Kirkland, IL, in the Bull Run Business Park.
    Request Owner's contact information
    Lot 5 Rte 72 Monroe Center, IL 60146
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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
    Lot 5 Rte 72 Monroe Center, IL 60146
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