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    Aucutt Rd. & Knell Rd Montgomery, IL 60538

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    For Sale
    Contact for pricing

    43 Acres, Rail Served, Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 43.344-acre industrial land parcel presents a unique investment opportunity in Montgomery, Illinois. Strategically located at the intersection of Aucutt Rd. and Knell Rd., this property boasts prime access to BNSF rail service via an available spur, significantly enhancing logistical capabilities. The land is zoned M-1, permitting a wide range of industrial uses. Situated within the Orchard TIF District 2, this location offers potential tax incentives. The site includes over 43 acres of usable land with offsite detention already in place. This advantageous location places the property in close proximity to established industrial giants, including General Mills, United Facilities, Old Dominion, NexeoPlastics, and United Sugar Corporation. The property is divided into three lots: Lot 1 (15.952 acres), Lot 3 (10.991 acres), and Lot 5 (16.401 acres). The land is offered at a price of $5.50 per square foot. The property is annexed and zoned within the Village of Montgomery, ensuring a streamlined development process. A drone video showcasing the property is available online. This is an exceptional opportunity to acquire a large, well-located industrial site with excellent rail access and strong surrounding infrastructure. Contact us today to learn more.

    Property Features for 0 Aucutt Rd. & Knell Rd

    General Information

    Property type
    Land
    Lot Size
    1,888,065 SF

    HighLights

    • 43+ acres of usable land with offsite detention.
    • Located within the Orchard Tax Increment Financing (TIF) District.
    • BNSF Railway spur available on‑site.
    • Annexed and zoned by the Village of Montgomery.
    • Adjacent to General Mills, United Facilities, Old Dominion, Nexeo Plastics, and United Sugar Corporation.
    • Drone video available online.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Kane
    State
    Illinois
    Longitude
    -88.3607119
    Latitude
    41.7302237

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    FAQs

    What type of property is this?
    Land - 43 Acres, Rail Served, Industrial Zoning
    Where is this land located?
    The property is located at Aucutt Rd. & Knell Rd Montgomery, IL.
    What are key features of this property?
    This property features: 43+ acres of usable land with offsite detention.; Located within the Orchard Tax Increment Financing (TIF) District.; BNSF Railway spur available on-site.
    Request Owner's contact information
    Aucutt Rd. & Knell Rd Montgomery, IL 60538
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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
    Aucutt Rd. & Knell Rd Montgomery, IL 60538
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