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    OFF-MARKET
    Land

    0 Bartlett & Munger Rds, Bartlett, IL 60103

    2.83 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.83-acre commercial land parcel is situated at the southeast corner of West Bartlett and Munger Roads in Bartlett, Illinois (Cook County, zip code 60103). The property, APN 06-33-301-029-0000, offers a unique opportunity for development, boasting a land value of $5.23 per square foot. Its strategic location is adjacent to Liberty Elementary School, ensuring high visibility and potential for various commercial uses. All essential utilities—sanitary sewer, water, gas, and electric—are readily available adjacent to the site. The Village of Bartlett acknowledges the need for rezoning, streamlining the development process. Importantly, no recapture is required on existing infrastructure, and an existing access road is already in place. Furthermore, off-site detention has been accounted for, maximizing the usable land area. This property presents a compelling investment opportunity due to its prime location, convenient access to utilities, and the village's supportive stance on rezoning. The asking price is $645,000.

    Property profile
    Verified
    Property type Land
    Lot 2.83 ac (123,275 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
    AI Approach AI
    by Request
    CAP Approach CAP
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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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