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    601 York Rd Bensenville, IL 60106

    For Sale
    $950,000

    1.43 Acres, R-5 Zoning, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.43-acre parcel presents a remarkable development opportunity in Bensenville, Illinois. Located at 601 S York Rd, this property boasts R-5 zoning, ideal for medium-density residential construction. Situated in desirable DuPage County, the land offers unparalleled visibility and accessibility, with high traffic exposure and convenient access to major roadways including I-290 and I-90. Its proximity to O'Hare International Airport further enhances its appeal. The lot size is 1.43 acres, and the land value is priced at $17 per square foot, resulting in an asking price of $950,000. The property's APN is 03-24-119-001, 03-24-119-002, and 03-24-119-010. This prime location and flexible zoning make this an exceptional investment for residential developers seeking a strategic foothold in a thriving area. The property's strategic positioning ensures high visibility and accessibility, making it an attractive option for a variety of residential projects. Don't miss this chance to acquire a significant land parcel in a highly sought-after location. The property is zoned R-5, providing flexibility for various residential development plans. The asking price reflects the exceptional value and potential of this unique opportunity.

    Property Features for 601 York Rd

    General Information

    Property type
    Land
    Lot Size
    62,291 SF

    HighLights

    • R‑5 Zoning allows for a variety of commercial uses.
    • 1.43‑acre lot provides ample space for development.
    • Excellent location in DuPage County, offering strong market potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bensenville
    County
    DuPage
    State
    Illinois
    Longitude
    -87.939543212423
    Latitude
    41.943990291857

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    FAQs

    What type of property is this?
    Land - 1.43 Acres, R-5 Zoning, Prime Location
    Where is this land located?
    The property is located at 601 York Rd Bensenville, IL.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: R-5 Zoning allows for a variety of commercial uses.; 1.43-acre lot provides ample space for development.; Excellent location in DuPage County, offering strong market potential.
    (847) 233-1115
    Request Owner's contact information
    601 York Rd Bensenville, IL 60106
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    Bensenville, IL 60106
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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
    601 York Rd Bensenville, IL 60106
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