Property profile

300 Northwest Hwy Fox River Grove, IL 60021

OFF-MARKET
Mixed-use properties
2 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional two-acre commercial or mixed-use development opportunity is located in Fox River Grove, Illinois, at 300 Northwest Hwy, zip code 60021. The property, encompassing APNs 20-18-483-015, 20-18-483-014, 20-18-483-022, 20-18-483-016, 20-18-483-017, 20-18-483-018, 20-18-483-019, 20-18-483-020, 20-18-483-021, and 20-17-356-007, is zoned B1 & B2, offering significant flexibility for development. Its strategic location provides convenient access to the Fox River Grove Metra Station (Union Pacific Northwest Line), situated within walking distance, and is just one mile east of Good Shepherd Hospital. The property benefits from its proximity to award-winning school districts – District 3 and District 155. Furthermore, this site is located within a Tax Increment Financing (TIF) district, with 25 years remaining after a recent extension (established in 2015), presenting a compelling financial advantage for developers. The property is offered at a price subject to negotiation. This presents a rare opportunity to capitalize on a prime location with excellent infrastructure and community amenities, just 42 miles northwest of Chicago.

Property profile

Verified
Property type Mixed-use properties
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor

Location

300 Northwest Hwy Fox River Grove, IL 60021
Fox River Grove metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 300 Northwest Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message