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    OFF-MARKET
    Land

    4375 Van Dyke Rd, Minooka, IL 60447

    16 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 16-acre property in Minooka, Illinois, presents a unique investment and development opportunity. Currently zoned for agricultural use and leased for farming purposes through March 1st, 2025, this land offers immediate income potential. Located in Kendall County at 4375 Van Dyke Rd, zip code 60447, the property boasts a convenient location within ten miles of five different towns and communities, providing easy access to amenities while maintaining a peaceful, rural setting. The parcel's APN is 09-05-400-025. One residential building permit is available, allowing for the development of a private estate. The property's agricultural zoning provides flexibility for various uses, making it ideal for those seeking to build their dream home in the countryside or establish an agricultural business. The asking price is $456,000. This is a rare chance to acquire a versatile property with both immediate income and significant long-term development potential. The current lease provides a short-term income stream before the property is available for development. Don't miss this chance to own a piece of Illinois farmland with exceptional potential.

    Property profile
    Verified
    Property type Land
    Lot 16 ac (696,960 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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