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    Us-6 Channahon, IL 60410

    Sponsored
    For Sale
    $5,126,338

    53 Acres, I-80 Access, Industrial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 53.233-acre industrial land parcel presents a significant investment opportunity in Channahon, Illinois. Located in Aux Sable Township, this property boasts convenient access to Interstate 80 via the Brisbin Road interchange, just one mile east of the exit. The land is zoned for industrial use, offering flexibility for a variety of development projects. The property comprises parts of Lots 1 through 7 of the Collins Subdivision, situated west of the railway, with private road access to all parcels. This strategic location benefits from its proximity to the Route 6 corridor, enhancing transportation and logistics capabilities. Further enhancing its value, the Village of Channahon has recently acquired adjacent land for a new sewage treatment facility, currently in the planning and study phases. This development promises to further increase the desirability and value of this prime industrial land. The property's APN is 03-20-100-002, 03-20-100-003. The asking price is $5,126,338, translating to $96,300 per acre. This represents a compelling opportunity to acquire a substantial industrial land holding in a rapidly developing area with excellent infrastructure and access to major transportation arteries. The property is specifically part of the Northwest 1/4 of Section 20, T34N, R8E.

    Property Features for 0 Us-6

    General Information

    Property type
    Land
    Lot Size
    2,318,829 SF

    HighLights

    • $5,126,338 asking price for 53.233 acres of industrial land.
    • Located in Channahon, IL, with easy access to I‑80 via Brisbin Road.
    • Zoned for industrial use.
    • APN: 03‑20‑100‑002, 03‑20‑100‑003.
    • Land value: $96,300/acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Channahon
    County
    Grundy
    State
    Illinois
    Longitude
    -88.2082811
    Latitude
    41.4441749

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    FAQs

    What type of property is this?
    Land - 53 Acres, I-80 Access, Industrial Zoning
    Where is this land located?
    The property is located at Us-6 Channahon, IL.
    What is the asking price?
    The asking price for this property is $5,126,338.
    What are key features of this property?
    This property features: $5,126,338 asking price for 53.233 acres of industrial land.; Located in Channahon, IL, with easy access to I-80 via Brisbin Road.; Zoned for industrial use.
    Request Owner's contact information
    Us-6 Channahon, IL 60410
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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
    Us-6 Channahon, IL 60410
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