0 Nec Hankes Rd. And Norris Rd, Sugar Grove, IL 60554
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.