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

    • Land
    • 3.28 lot acres
    For Sale
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Nec Hankes Rd. And Norris Rd

    Lot size
    3.28 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sugar Grove
    County
    Kane
    State
    Illinois
    Longitude
    -88.4132
    Latitude
    41.7824

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    Request Owner's contact information
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    Nec Hankes Rd. And Norris Rd
    Sugar Grove, IL 60554
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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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