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    IL-47 And Regency Pkwy Huntley, IL 60142

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    For Sale
    Contact for pricing

    2.95 Acres, High Visibility, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.95-acre commercial land parcel presents a remarkable development opportunity in the thriving Huntley, Illinois market. Strategically located at the intersection of IL Route 47 and Regency Parkway, this property boasts 318 feet of frontage on the heavily trafficked IL Route 47, ensuring maximum visibility and accessibility. The C-2 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking high-traffic exposure. The land is priced at $12 to $14 per square foot, representing a compelling investment in a rapidly growing area. Its proximity to numerous national retailers and restaurants further enhances its desirability and potential for strong returns. The property's location in Kane County, Illinois, and its convenient access to major transportation routes, make it an attractive option for businesses seeking a strategic foothold in a vibrant and expanding market. The parcel's size and zoning provide ample flexibility for a variety of development projects, catering to diverse business needs. With its prime location and exceptional visibility, this property is poised for significant growth and success. The APN is 02-05-277-007 and the zip code is 60142.

    Property Features for IL-47 And Regency Pkwy

    General Information

    Property type
    Land
    Lot Size
    128,502 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Huntley
    County
    Kane
    State
    Illinois
    Longitude
    -88.4329112
    Latitude
    42.148537

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    FAQs

    What type of property is this?
    Land - 2.95 Acres, High Visibility, C-2 Zoning
    Where is this land located?
    The property is located at IL-47 And Regency Pkwy Huntley, IL.
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    IL-47 And Regency Pkwy Huntley, IL 60142
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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
    IL-47 And Regency Pkwy Huntley, IL 60142
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