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    Sec Webster Rd & Fairview Dr DeKalb, IL 60115

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    For Sale
    Contact for pricing

    86 Acres, I-88 Access, Tax Incentives

    Property size:
    1,088,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 86.12-acre industrial land parcel presents a unique investment opportunity in DeKalb County, Illinois. Strategically located at the intersection of Webster Road and Fairview Drive, this property boasts unparalleled access to Interstate 88 via a convenient four-way interchange, ensuring seamless transportation and logistics. The site is zoned for light industrial use, offering flexibility for a wide range of development projects. The property features a substantial 1,088,720 square feet of land, and includes 194 existing loading docks, and a generous 40-foot ceiling height. This location benefits from its inclusion within an Enterprise Zone, making it eligible for various tax incentives and abatements, significantly reducing development costs. DeKalb County's pro-business environment and low taxes further enhance the attractiveness of this exceptional opportunity. The property's APN is 09-31-100-006, and its zip code is 60115. Future zoning possibilities within the light industrial designation offer additional long-term growth potential. This prime location, combined with the substantial size and existing infrastructure, makes this property ideal for businesses seeking a strategic foothold in a thriving industrial corridor. The property's size and location make it suitable for large-scale industrial development projects.

    Property Features for 0 Sec Webster Rd & Fairview Dr

    General Information

    Property type
    Land
    Square Feet
    1,088,720 SF
    Lot Size
    3,751,387 SF

    HighLights

    • 86.12‑acre industrial land parcel in DeKalb, IL.
    • Light industrial zoning, with potential for future development.
    • Located in an Enterprise Zone, offering tax incentives and abatements.
    • High visibility due to I‑88 highway exposure.
    • Situated in a pro‑business community with low DeKalb County taxes.
    • Features 194 loading docks and 40' ceiling heights in existing structures (if applicable).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.71129
    Latitude
    41.904332

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    FAQs

    What type of property is this?
    Land - 86 Acres, I-88 Access, Tax Incentives
    Where is this land located?
    The property is located at Sec Webster Rd & Fairview Dr DeKalb, IL.
    What are key features of this property?
    This property features: 86.12-acre industrial land parcel in DeKalb, IL.; Light industrial zoning, with potential for future development.; Located in an Enterprise Zone, offering tax incentives and abatements.
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    Sec Webster Rd & Fairview Dr DeKalb, IL 60115
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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.

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    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
    Sec Webster Rd & Fairview Dr DeKalb, IL 60115
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