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    226.83 Acres On Peace Rd DeKalb, IL 60115

    Sponsored
    For Sale
    $9,050,517

    226+ Acres, Excellent Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 226.83-acre property in DeKalb County, Illinois, presents a significant investment opportunity. Strategically located on Peace Road, the land boasts over 3,000 linear feet of road frontage, offering excellent accessibility. The property comprises eight parcels, adding to its versatility and development potential. A key feature is the future access possibilities from County Farm, Enterprise, and Peace Roads, enhancing connectivity and logistical advantages. Its proximity to the DeKalb airport further strengthens its appeal for various uses. Currently zoned AG, a portion of the land (25 acres) is already annexed into the city of DeKalb with a future HI PD-I zoning designation, opening doors to a wider range of development options. The remaining acreage is not yet annexed. The property's location within an Enterprise Zone provides additional economic incentives. Potential future uses include industrial, office research, or transportation-related developments, making this a highly attractive proposition for investors seeking substantial land holdings with significant upside potential in a rapidly growing area. The asking price is $9,050,517. The zip code is 60115.

    Property Features for 0 226.83 Acres On Peace Rd

    General Information

    Property type
    Land
    Lot Size
    9,880,715 SF

    HighLights

    • 226.83‑acre property in DeKalb County, IL, priced at $9,050,517.
    • Over 3,000 linear feet of road frontage on Peace Road.
    • Eight parcels offering versatile development potential.
    • Future access from County Farm, Enterprise, and Peace Roads.
    • Proximity to DeKalb airport.
    • 25 acres annexed into DeKalb city with future HI PD‑I zoning; remaining acreage un‑annexed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7241024
    Latitude
    41.907319

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    FAQs

    What type of property is this?
    Land - 226+ Acres, Excellent Development Potential
    Where is this land located?
    The property is located at 226.83 Acres On Peace Rd DeKalb, IL.
    What is the asking price?
    The asking price for this property is $9,050,517.
    What are key features of this property?
    This property features: 226.83-acre property in DeKalb County, IL, priced at $9,050,517.; Over 3,000 linear feet of road frontage on Peace Road.; Eight parcels offering versatile development potential.
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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
    226.83 Acres On Peace Rd DeKalb, IL 60115
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