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    Peace Rd & Hwy 23 Sycamore, IL 60178

    • Specialty properties
    • 5.44 lot acres
    For Sale
    View listing
    $1,480,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 0 Peace Rd & Hwy 23

    Lot size
    5.44 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional 5.44-acre land parcel, strategically located at the intersection of Peace Road and Highway 23 in Sycamore, Illinois (zip code 60178), presents a unique investment opportunity. Comprising approximately three individual parcels, this property offers flexibility for buyers

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sycamore
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7088
    Latitude
    41.9804

    Comparable in this City

    • Value Estimation by Request
      0.66 Acres

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      2.98 Acres

      13 Thornwood Dr

      Land • 2.98 Acres
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      21.12 Acres

      49 Peace Rd

      Land • 21.12 Acres
      49 Peace Rd, Sycamore, IL 60178
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    • Value Estimation by Request
      11.88 Acres

      1452 Bethany Rd

      Land • 11.88 Acres
      1452 Bethany Rd, Sycamore, IL 60178
      View Details
    • Value Estimation by Request
      2.57 Acres

      Sycamore IL Nwc Of Peace Rd & Ward Blvd

      Land • 2.57 Acres
      Sycamore IL Nwc Of Peace Rd & Ward Blvd, Sycamore, IL 60178
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    • Value Estimation by Request
      4.66 Acres

      4 Prairie Dr

      Land • 4.66 Acres
      4 Prairie Dr, Sycamore, IL 60178
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    Peace Rd & Hwy 23
    Sycamore, IL 60178
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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
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