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    OFF-MARKET
    Land

    0 Nec Hankes Rd. And Norris Rd, Sugar Grove, IL 60554

    3.28 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.28-acre commercial land parcel presents a remarkable investment opportunity in Sugar Grove, Illinois. Located at the hard corner of Nec Hankes Road and Norris Road, this property boasts a prime location directly across from the Bliss Golf Course and bordered by the established Prestbury subdivision. The site benefits from strong demographics and convenient access to major transportation routes via the nearby I-88/Rt. 56 interchange. This versatile land is ideally suited for a variety of developments, including a childcare center, mixed-use retail/office space, senior living facilities, or townhomes. The City of Sugar Grove is actively encouraging multi-family development on this site. Utilities are readily accessible, with the water main situated across Norris Road to the west and sewer lines located just north of the northwest corner of the lot. The property includes two parcel identification numbers: 14-11-300-043 and 14-11-300-042. The sale price is subject to offer. Don't miss this chance to acquire a highly desirable commercial property in a thriving community.

    Property profile
    Verified
    Property type Land
    Lot 3.28 ac (142,877 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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